Today’s Role of Settlor Intent 2020 | American Bankers Association (ABA) | 4 June 2020 |
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| Event Date | Thu Jun 4 EDT (over 4 years ago) |
| Region | All |
Details
With ever-increasing use of non-judicial settlement agreements, the enactment of decanting statutes in many states and court relaxing of standards for reformation, the irrevocable trust does not mean what it used to. Given the many ways to alter trust terms, what is the role of settlor intent under modern law?
Discussion Highlights
• Review non-judicial settlement agreement and decanting laws under state law
• Examine how state laws reconcile their provisions with the concept that settlor intent is paramount
• Identify potential dangers in ignoring settlor intent
• Discuss what concerned clients can do
Speakers
2020 Speakers
Thomas W. Abendroth
Partner, Schiff Hardin LLP
Charles D. Fox IV
Partner, McGuireWoods LLP