decanting statue Archives - Kevin J. Moore & Associates

News

Posts Tagged ‘decanting statue’

What You Need To Know About California’s New Decanting Statute

Uniform Trust Decanting Act

In September of 2018, the California Legislature enacted the Uniform Trust Decanting Act. Decanting is defined as the ability of someone to distribute property from an irrevocable trust (“the first trust”) to one or more second trusts or to modify the terms of the first trust without the consent of the beneficiaries of the first trust or approval of the court. California’s new decanting statute is highly technical, replete with […]

Read More