California Lawyers Association

January 30, 2019
12:00 PM - 1:00 PM (Pacific) 

 

Description:

 On September 14, 2018, Governor Brown signed Senate Bill 909, the Uniform Trust Decanting Act (the “Decanting Act”). The Decanting Act is effective January 1, 2019, and located at Probate Code section 19501 et seq.  

The Decanting Act is an important development in California probate law.  Planners and litigators alike should become familiar with the new law because our clients will have more planning options, and a new body of litigation will develop in the coming years.

This presentation will provide a general overview of the new law.  The presentation will include an explanation of the history of California decanting, how to decant under the new legislation, what trusts can be decanted, decanting under “expanded distributive discretion,” decanting under “limited distributive discretion,” decanting limitations, and the procedural and potential litigation aspects of the new law.

 

 

 https://cla.inreachce.com/Details/Information/e62a3872-d822-4730-9580-b11aead3fdcf