It used to be an irrevocable trust was really irrevocable. Now 25 states allow you to change the terms of an old trust by a newfangled process called decanting. It’s done without going to court, ...

Sometimes, the terms of an irrevocable trust (one that cannot be amended or revoked) were appropriate at the time the trust was created, but subsequent events or circumstances make the terms of the ...

Forbes contributors publish independent expert analyses and insights. Emily writes about what’s in your glass and why it matters. Wine decanting serves two main purposes: aeration and sediment removal ...

As oenophiles know, red wine often produces sediment as it ages, introducing a bitter flavor and gritty texture to the wine. The process of removing these impurities by carefully pouring the wine from ...

Decanting is a way to modify an otherwise irrevocable trust Decanting can change the trust beneficiaries’ interests An irrevocable trust is a frequently used estate planning tool that offers many ...

In their Wills, Estates and Surrogate's Practice column, Peter C. Valente and Susan P. Witkin, partners at Blank Rome, write that the new provisions of EPTL 10-6.6 bring considerable clarity and a ...

This story is from an installment of The Oeno Files, our weekly insider newsletter to the world of fine wine. Sign up here. To decant or not to decant is an oft-asked question, and there is a wide ...

Irrevocable trusts are a common instrument used to reduce estate taxes, shield assets from creditors or lawsuits, or bypass probate. The creator of a trust (the “Settlor”) transfers their ownership ...