31 мар. 2014 г. · It is important to remember that the decanting is undertaken by the trustee and is the exercise of a fiduciary power.

original trust and the second trust are grantor trusts taxed to the same settlor ... The ability of a trustee to decant trust assets from one trust to another.

A trustee or other person that reasonably relies on the validity of a distribution of part or all of the income and principal of a trust to another trust.

3 апр. 2020 г. · Settlor's Identity: If a trustee transfers property from one trust to another as part of the exercise of a decanting power, the settlor of the ...

29 дек. 2022 г. · The legal authority to decant a trust can be provided by the Settlor within the trust terms or may be authorized by state law. About half of ...

2 окт. 2023 г. · Trust decanting involves the transfer of assets from one trust into a new trust ... trust's creator (or settlor) is still alive. On the other hand ...

1 нояб. 2019 г. · However, estate tax issues can arise when the decanted trust grants the settlor a power not present under the original trust. As to trust ...

Often a settlor will update their trust throughout their life but life, as we all know, can end unexpectantly and there are plenty of times where a settlor ...

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If more than one person creates or contributes property to a trust, each person is a settlor of the portion of the trust property attributable to the person's ...