Trust Decant – Old Wine New Bottle

Trust Decant

Trust Decant The term “decant” means to pour the contents of one container into another container.  It is like pouring old wine into a new bottle.  It has come to refer to the practice of forming a new updated trust, and transferring the assets from an old obsolete trust to the new trust as a…

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What is a Dynasty Trust?

What is a Dynasty Trust?

A “Dynasty Trust” is a Trust designed to hold and protect property over multiple generations.  Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the Rule Against Perpetuities.  They also take advantage of tax rules to minimize or eliminate multi-generation estate taxes.  Because such Trusts are designed to last…

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The Good Executor

Good Executor

This is a re-publication and update of an article I wrote that originally appeared here. Why “Executor” The title “Executor” is commonly used to refer to a person who administers the estate of a deceased person. In Latin, an Executor is always a male. The female counterpart is an “Executrix.” Gender specific titles can be…

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