Join the MSBA Estates and Trust Section for an all new, virtual presentation of Maryland’s New Trust Decanting Act on Tuesday, October 10, 2023 at 9 a.m.!
Part 1: Key Provisions of Maryland’s New Trust Decanting Act. Participants will learn when the statute allows a trustee to modify a trust through decanting and what terms may or may not be changed.
Part 2: Tax Considerations. This hour will focus on the income, gift, and generation-skipping transfer tax consequences that a trustee should consider before decanting.
Part 3: Decanting in Practice. Participants will learn the practical aspects of decanting such as whether to retitle assets, what documents to prepare, and whether to get a new EIN. Examples of common fact patterns will be considered.
Click HERE for more information and to register.
3.0 hours of CLE credit will be offered by the surrounding MCLE states. If you miss the livestream, it will be recorded and available on the MSBA CLE catalog a week