Estate Planning Telecast - Modification & Termination of Trusts: A Double-Edged Sword
Join us for a Cannon Financial estate planning telecast on Tuesday, February 27.
Lunch will be available starting at 12:30 p.m. in the 3rd floor conference room. The telecast runs from 1 - 2:30 p.m.
Evolving facts, circumstances and applicable laws over the course of trust administration may render inappropriate a trust that, when it was created, seemed to be a perfect fit. In many states, the question is not whether the trust instrument can be modified or the trust terminated but, rather, which modification or termination option, if any, is the most appropriate for the situation at hand. Changing or ending an irrevocable trust gives rise to a host of complex issues, including:
Modification and termination options available under relevant law
Using trust modifications and terminations to settle disputes
Resisting a trust modification or termination
Governing instrument limitations on modification or termination
RSVP for this complimetary session.