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Decanting More Than Just Wine: Revocability in Irrevocable Texas Trusts
(Texas Tech Estate Planning & Community Property Journal, 2014)
Addresses the history and defines the meaning of decanting a trust as well as Texas's new decanting statute. Background information is presented as to what an irrevocable trust is, how to create one, and what flexibility, ...
Decanting Trusts: Irrevocable, Not Unchangeable
(Texas Tech Estate Planning & Community Property Journal, 2013)
Attempts to demystify the issues by looking at decanting and trust modifications from statutory, common law, and trust agreement standpoints. Decanting is simply a form of trust modification initiated by a trustee. In the ...