Posts Tagged ‘ Trust law ’

2012 Changes in Virginia Trust Law (Part 2): Decanting & Directed Trusts

75px-Virginia-StateSeal.svg

Last week, we discussed in Part 1 of this topic how Virginia recently passed several bills that will revise state trust law on July 1, 2012.  Today, in Part 2, we will continue our discussion about these changes in the law. As a reminder, while these rules are currently the law in a minority of…

Read more »

Follow-Up Answers to “Revocable Living Trusts in a Nutshell” Webinar

NBI logo

Online Presentation This past Monday, I gave a 90-minute webinar entitled “Revocable Living Trusts in a Nutshell”.  It was sponsored by the good folks at the National Business Institute (“NBI”) and simulcast by West Legal Ed Center.  The course was geared toward a national audience and is approved for Continuing Legal Education (CLE) credit in…

Read more »

1600 Words About a 100-Word Addition to Virginia Trust Law (Part II)

300px-Virginia_painted_relief

In Part I of our discussion, we introduced the Uniform Trust Code and why Virginia would deviate from it.  Today, we explain Virginia’s rationale for changing its law on creditors’ rights to annual gifts into a trust and to inter-vivos marital deduction trusts. What was Virginia’s concern regarding annual gifting into a trust?  Read more...

Read more »