You likely have created revocable or irrevocable trusts, or a few of both, in your estate plan. Ideally, these have been properly drafted with plenty of flexibility so that they can continue to meet ...

Not all trusts age like fine wine. Family situations change, tax laws are updated, and an irrevocable trust created years ago may no longer be ideal for today’s circumstances. In the world of trusts ...

New Jersey does not have a statute authorizing the decanting of trusts, but a "common-law decanting" can be accomplished thanks to the Wiedenmayer case. For tax and nontax reasons, estate planning ...

Decanting is a way to modify an otherwise irrevocable trust Decanting can change the trust beneficiaries’ interests An irrevocable trust is a frequently used estate planning tool that offers many ...

The Internal Revenue Service, on a periodic basis, issues revenue procedures that provide a list of issues on which the IRS won’t issue private letter rulings or determination letters, often referred ...

This story is from an installment of The Oeno Files, our weekly insider newsletter to the world of fine wine. Sign up here. To decant or not to decant is an oft-asked question, and there is a wide ...