Longmont 303-776-9900
Louisville 720-726-3670

blog 1

Commentary and Analysis Regarding Colorado Law

When is an Irrevocable Trust Not Irrevocable?


Decanting and the Art of Change

What is in a name?  There was a time when irrevocable meant just that.  In Colorado (and at least 24 other states); however, an irrevocable trust can now be changed by decanting.  Decanting can describe the gradual pouring of a liquid, typically wine, from one container into another.  Recently, the term “decanting” has taken on a new meaning in the legal profession where it refers to a technique whereby assets are transferred (decanted) from one trust to another trust.  Decanting essentially allows modification of an otherwise irrevocable and unamendable trust.

Continue reading
  684 Hits
684 Hits

Serving The Entire State Of Colorado
Map and Directions

Longmont Office

515 Kimbark Street, Second Floor
Longmont, CO 80501
Phone: 303-776-9900 
Maps & Directions

Louisville Office

363 Centennial Parkway, Suite 110
Louisville, CO 80027
Phone: 720-726-3670 
Maps & Directions

Satellite Office

748 Whalers Way, Suite # 240A
Fort Collins, CO 80525
Maps & Directions