Description

In the Decanting Session, the speakers will discuss how to utilize decanting to make trusts more efficient for creditor, estate and income tax purposes. Specifically, the speakers will discuss trust design that is most advantageous for creditor, income tax and estate tax protection, and how an otherwise irrevocable trust can be improved through decanting.

Learning Objectives:

1. Review the process of decanting and different state law approaches to decanting.
   
2. Review what can and cannot be accomplished through decanting depending on state law.
   
3. Review optimal trust design for creditor, income tax and estate tax purposes.
   
4. Review decanting case studies.

Speaker(s):

• Heidi C. Freeman, JD, Member, Oshins & Associates, LLC
• Courtney E. McCandless, JD, Attorney, Oshins & Associates, LLC
• Kristen Simmons, JD, AEP, EPLS, Member, Attorney, Oshins & Associates LLC