When the Trust No Longer Fits, Use Delaware’s Trust Modification Statute To Tailor It

May 8, 2017

Peter J. Bietz of Commonwealth Trust CompanyFew things in life are certain, but one source of certainty in this world is that the future holds uncertainty. This uncertainty often leads one to encounter another of life’s truths: that change becomes inevitable. Perhaps nowhere does this make itself as evident as when one is dealing with aging irrevocable trusts. Circumstances surrounding the law, family dynamics, and the wishes of trustors never remain static, and these inevitable changes can lead to a variety of problems for anyone dealing with an irrevocable trust.  To continue reading our Senior Trust Counsel’s, Peter Bietz’s, full article on the topic of the Delaware Trust Modification Statute please click here.