Just Like Starting Over: Decanting and trust modification
Program
12:00pm - 1:00pm
RESERVATIONS
by Friday, March 18th
You will be sent a return email confirmation.
Once the handout for this program has been made available to us, you will be able to access it here.
About the program
You plan for what you know, and over time, what you know changes. How can you change an irrevocable trust to account for these changes? In recent years, decanting has become one of the preferred methods. It allows a trustee to alter a trust so that the settlor’s material purposes can be carried out in the best way possible under current circumstances. Over half of the statutes now have statutes permitting trust decanting in some form. This program will cover the rules and pitfalls of decanting, including tax consequences.
About Amy Kanyuk
Amy is a founding member of McDonald & Kanyuk, PLLC, in Concord, New Hampshire. She is licensed to practice law in New Hampshire, Massachusetts and South Dakota. She concentrates her practice on estate, gift and generation-skipping planning for individuals and families of high net worth, and has worked extensively in the area of asset protection. In addition, she frequently counsels fiduciaries and beneficiaries with respect to issues related to the administration of trusts.
Amy is a Fellow of the American College of Trust and Estate Counsel (ACTEC), where she formerly served as the New Hampshire State Chair, and currently serves on the Board of Regents. Amy also serves on ACTEC’s Asset Protection, Tax Policy and National Membership Selection Committees, and is a Chancellor of ACTEC’s New England Fellows Institute. In addition, Amy is the official ACTEC observer to the Uniform Law Commission’s Conflicts of Laws in Trusts and Estates Committee.
Amy’s articles and comments about tax and estate planning have appeared in a number of publications, including Trusts and Estates, Estate Planning, Barron’s, and the Journal of Accountancy. She frequently lectures before professional and civic groups throughout the United States on tax and estate planning topics. Amy also has served as an adjunct professor at the University of New Hampshire School of Law, teaching Wills, Trusts and Estates. She is often retained as an expert witness to provide opinions and testimony in trust and estate litigation.
Amy received her Bachelor of Science in finance, with highest distinction, from Penn State University, and earned both her law degree and M.B.A. from Boston College.
In addition to her legal practice, Amy was a founder, original member and director of Concord Trust Company, LLC, a non-depository, directed trust company located in Bedford, New Hampshire and Rapid City, South Dakota. In May 2021, Concord Trust was acquired by IQ-EQ, an investor services provider headquartered in Luxembourg.
