Revocable & Irrevocable Trusts. Legal news and articles for December 18 - 24, 2015

Joint Revocable Trusts - Not Always the Best Choice in Common Law Property StatesEmbattled Oil Creates Slippery Slope For Alaskan TrustsThe Uniform Trust Decanting Act: New Opportunities Ahead

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Revocable & Irrevocable Trusts. News and Stories

Joint Revocable Trusts - Not Always the Best Choice in Common Law Property States
Lexology (registration)December 24, 2015

Joint revocable trusts often seem like a natural planning solution for couples with “stable” marriages, or whose total net worth is less than the combined federal estate tax exemption ($5.45 million per individual in 2016). However, separate revocable ...more »

Embattled Oil Creates Slippery Slope For Alaskan Trusts
ForbesDecember 22, 2015

Because of this, Delaware's court system lumped trust law cases into the court that handled business law: the Court of Chancery. Thus, even though a trust was being employed for estate purposes, legal matters would be handled through the business court.more »

The Uniform Trust Decanting Act: New Opportunities Ahead
WealthManagement.comDecember 18, 2015

Editor's Note: This article is a preview of a longer, more in-depth article on this topic that will be published in our February issue. Trust decanting is gaining popularity as a flexible and practical technique to modify the provisions of an existing ...more »

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