Simply because the instrument governing your trust states that it is irrevocable and cannot be amended does not mean it cannot be modified to serve your family’s needs in a better fashion. Delaware law offers an array of options—administrative amendment, decanting, a nonjudicial settlement agreement, consent modification, trust merger, and judicial...
Teaching Your Old Trust New Tricks: How to Modify an Irrevocable Trust
Publish Date:
Aug 31 2023