The MSBA Estates and Trust Section is presenting a new webinar focused on Maryland’s New Trust Decanting Act on Tuesday, October 10, 2023 at 9 a.m. Lead by program chair Sarah Kahl, Esq., Partner at Venable LLP, the program will cover three practical issues raised by the new law:

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.

Presented by Sarah B. Kahl, Esq., Partner, Venable LLP (program chair), Allison Clapp, Esq., Stewart, Plant & Blumenthal, LLC and Kalimah Z. White, Esq., Key Private Bank. 

3.0 hours of CLE credit will be offered by the surrounding MCLE states. If you’re unable to attend the livestream, the program will be recorded and available to you to view later. You can pre-purchase the OnDemand HERE.

The MSBA is committed to providing accessibility to it’s programs, events and services to all potential attendees. If you need accommodations for this event please email cle@msba.org.