Venue
USA

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Event Date Tue Mar 3 EST (almost 2 years ago)
Location USA
Region Americas
Details

Individuals have long sought to maximize gifts to charities through the use of irrevocable trusts, some of which may last decades or longer. But what happens when the terms of those trusts become outdated? When the charitable purposes would be best served through a change to those terms? When changing circumstances require enhancement of a trust’s terms?

While going to court may once have been the only option to modify an irrevocable charitable trust, out-of-court options are becoming increasingly prevalent in most jurisdictions, potentially eliminating much of the time, expense, and uncertainty of judicial proceedings. This program will focus on the why, when, and how of modifying irrevocable charitable trusts, and will educate fiduciaries, beneficiaries, and grantors—along with those who advise them—on the risks and rewards of doing so.

Learning Objectives:

• Why one might considering modifying an irrevocable charitable trust
• What can and cannot be changed with respect to an irrevocable charitable trust
• The methods and processes by which an irrevocable charitable trust may be modified
• Possible pitfalls of modifying an irrevocable charitable trust

Speakers

2020 Speaker

Scott E. Swenson, JD
Partner, Connolly Gallagher LLP

Sponsors & Partners

2020 Sponsors

• Thrivent
• Lincoln
• StateFarm
• ASH Brokerage
• American Cancer Society
• Coventry
• Covisum
• Guardian
• MassMutual
• Principal