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Sablone on Modifying Irrevocable Trusts Using the UTC and Decanting Statutes

Traditionally, irrevocable trusts could not be modified or terminated without court involvement. In this Analysis, Kathleen Sablone reviews how the Uniform Trust Code and decanting statutes offer some options for building flexibility into existing irrevocable trusts. She writes: The Uniform Trust Code...

Morrison & Foerster LLP: Decanting a California Trust

By Joshua Glucoft,* Morrison & Foerster LLP In the administration of an irrevocable trust, situations can arise that were beyond the anticipation of the trustor. Therefore a trustee may want to "decant" a trust by transferring funds from one trust to another with preferable terms...