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california trust decanting act

Preserving Trust Assets with the California Trust Decanting Act

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The California Uniform Trust Decanting Act (CUTDA) provides trustees with a powerfultool to modify an irrevocable trust under certain circumstances, allowing for greaterflexibility in trust management. One of the most practical applications of CUTDA is when atrust’s corpus has diminished to a point where maintaining… Read More »Preserving Trust Assets with the California Trust Decanting Act