Attorney Beth, a skilled estate planning attorney, is the author for all LexisNexis Practical Guidance and State of Connecticut Estate Planning form documents and agreements, including but not limited to Wills, Revocable and Irrevocable Trust Agreements, Special Needs Trust Agreements, Powers of Attorney and Health Care Instructions
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Connecticut trust laws continue to develop to your advantage - effective January 2025 Connecticut has adopted the Connecticut Uniform Trust Decanting Act. This Act allows the trustee of an irrevocable trust to "decant" the trust --meaning create a new trust--with better provisions that make more sense based on then current circumstances (like changes in law, or status of beneficiaries). Of course, this is not an authority that you'd want the trustee to exercise liberally, and the Act provides specific rules to protect the original purpose of the trust. However, prior to this Act, the process of "decanting" a trust in Connecticut was quite cumbersome, involving probate court involvement. Contact Attorney Beth if you'd like to learn more about trust planning.