Florida Trust Law Suits & Decanting
Decanting is where you take assets from one existing trust and moving them into another trust that you create.
What’s Decanting and can you do it.
Hello, my name is John Pankauski, I’m a trust lawyer with Pankauski Hauser in West Palm Beach. If you are involved in a trust lawsuit you may want to read what other states are doing regarding trust lawsuits and the issue of Decanting, taking assets from one trust and putting them in another trust that you create. So, there is a recent Appellate case, actually a Supreme Court case from the State of Florida you may want to read about, Why do you want to read about it, it will give you insight and perspective into your Florida case and your Decanting issue. The Supreme Court of Florida 326 Connecticut 438 officially released on August 8th 2017, gives you a lengthy opinion that you can read about. When we talk about Decanting, we are talking about moving assets from an existing trust to another trust that is created. You can do it certain limited purposes.
For more information about Decanting, talk to an experienced trust litigation lawyer.