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Irrevocable Trusts New Legislation

Offit Kurman

The Impact of One Big Beautiful Bill on Estate Planning

Offit Kurman on

In this episode of Trust Us, Danielle Friedman, Max McCauley, and Herb Fineburg discuss the recent changes brought by the One Big Beautiful Bill Act, which raised the estate tax exemption level starting January 1, 2026....more

Husch Blackwell LLP

Missouri Irrevocable Trusts Are Now State Tax-Free (Almost)

Husch Blackwell LLP on

On August 28, 2025, Missouri House Bill 754 (HB 754), which was signed by Governor Mike Kehoe on July 10, 2025, will become law, introducing a pivotal change to the state’s tax code concerning non-grantor resident trusts. ...more

Lathrop GPM

Important New Changes to Minnesota Estate and Trust Codes Coming August 1

Lathrop GPM on

The 2025 Minnesota legislative session produced several changes to Minnesota’s estate and trust codes, with most of the new laws taking effect on August 1. Many of the changes create important new planning opportunities for...more

Pullman & Comley, LLC

Decanting Isn’t Just for Wine Anymore – The Connecticut Uniform Trust Decanting Act

Pullman & Comley, LLC on

Not all trusts age like fine wine. Family situations change, tax laws are updated, and an irrevocable trust created years ago may no longer be ideal for today’s circumstances. ...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2020 #11

Today marks Legislative Day 20, the halfway point for the 2020 Legislative Session! Rumors are that the House and Senate are much closer on finalizing their budget plans for the remaining portion of this fiscal year and the...more

Dickinson Wright

Michigan’s Legislature Passes Significant Laws During the Last Days of 2016

Dickinson Wright on

In late 2016, Michigan lawmakers passed a good deal of new legislation. One of the laws, the Qualified Dispositions in Trusts Act, enables an individual (the “settlor”) to create a trust that, in certain circumstances, can...more

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