Mar 13
2017
Defining a “Decanting” Trust and the Benefits
In the case of trusts, the term “decanting” refers to taking all the assets from one trust and moving them to another trust, most commonly moving them into a trust governed by the laws of another State. In other words, a trustor with a California trust could “decant” the assets from his/her current trust to a new trust into Nevada, or into any of several other States that have laws permitting decanting.
