MCLE | New England® view in browser
 
MCLE ProgramAlert
PROGRAM ALERT
When & How to Decant Trusts
Understand this powerful tool for leaving behind unwanted trust terms
Decanting has been gaining in popularity, but what is it and when can you do it? Decanting is the act of pouring assets from one trust to another, leaving behind the unwanted terms of the original trust. Decanting is a powerful tool, but should only be done after careful consideration.

  • When should you consider decanting a trust?
  • How should it be done?
  • Do you have the power to decant?
  • Do you have an irrevocable trust with less-than-desirable terms?
  • Has your beneficiary become disabled and the trust no longer works for them?

  • Considering decanting? Hear an overview of the current laws on decanting, and when and how you should consider decanting an irrevocable trust. Sharpen your toolkit.
     
    Agenda
    • History of Decanting
    • Current State of the Law on Decanting
    • Proposed Adoption of the Uniform Trust Decanting Act in Massachusetts
    • When to Decant—Considerations to Make Before Decanting
    • How to Decant
    • Other Options to Decanting—Judicial and Non-Judicial Settlement Agreements and Modifications
     
    Speakers
     
    Shani Rea Collymore, Esq. SHANI REA COLLYMORE has been practicing in the field of estate planning and elder law since 2009. She joined the law office of Madge & Johnson, PC in 2014 and continues to help clients with all of their estate planning and elder law needs. Shani has a decade of experience advising individuals and families on how to protect their wealth and plan for their financial futures. Her practice ranges from creating estate plans for young couples with minor children who need trusts and guardians set up to protect their children, to more complex estate plans aimed at protecting assets from long term care expenses or reducing estate taxes.
     
    Karen B. Johnson, Esq. KAREN B. JOHNSON is the owner of Madge & Johnson, PC, a small firm dedicated to serving the interests of the elderly and disabled, located in Westford, Massachusetts. Attorney Johnson has over twenty years’ experience in estate planning and probate law and has represented clients before the MassHealth Agency. She received her Juris Doctorate from Duke University School of Law in 1991 and her LLM in taxation from Boston University School of Law in 2000. Currently she is extensively involved with the Massachusetts Chapter of the National Academy of Elder Law Attorneys serving as both a contributing member and its President in 2018. Attorney Johnson has lectured on topics related to estate planning and probate, including planning for VA benefits, planning for disability, tax planning for the elderly or disabled client, and probating Massachusetts estates under the Massachusetts Uniform Probate Code.
     
    Materials
    The materials for this program are available online only and can be downloaded via the link emailed to you upon registration.
    Also, there is no need to take extensive notes. Two weeks after the live webcast, all registrants will receive a link to a verbatim transcript of this program.
     
    Dates Earn up to 1 CLE credit.
     
    Live WebcastLIVE WEBCAST »
    Monday, November 9, 2020
    2:00 pm–3:00 pm
     
    Live WebcastRECORDED WEBCAST »
    Monday, November 23, 2020
    12:00 noon–1:00 pm
     
    Live WebcastRECORDED WEBCAST »
    Monday, November 30, 2020
    9:00 am–10:00 am
     
    Tuition (includes written materials)
    $145
    $130.50 MCLE Sponsor Members
    $108.75 New Lawyers admitted to law practice after 2017,
    Pending Admittees, Law Students, and Paralegals

    To apply for a need-based scholarship, email scholarships@mcle.org
     
    MCLE OnlinePass Access everything MCLE has online
    live and on-demand webcasts, books, checklists,
    forms and more—
    PLUS one free in-person program.

    Subscriptions starting at $58/month.
    Learn More

    MCLE New England: Keep raising the bar.
     
    MCLE on Facebook   MCLE on LinkedIn   MCLE on Twitter   MCLE on YouTube
    MCLE New England