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Community User Guide
How to Fix a Broken Trust: Decanting, Reformation & Other Tools - Audio Webcast
Feb 24, 2021
- Trust reformation by agreement of all stakeholder or by court order
- Principal and income adjustment powers under the UPIA
- Techniques for converting a trust from one type to another
- Use of “decanting” to terminate trusts and distribute assets when the trust is not viable
- Framework of tax considerations when trusts are restructured or terminated
Faculty: Benjamin S. Candland, McGuireWoods LLP, Richmond, VA
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