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Family Law Practice Skills Trusts and Estates

Ferri v. Powell-Ferri: A Critical Planning Case for Practitioners

The Trust Ferri Could Be Better Than the Tooth Fairy

Practitioners should encourage all clients with existing irrevocable trusts to meet to review those trusts. Modifying old irrevocable trusts through decanting (or other means) might make improvements, or as in the Ferri v. Powell-Ferri case, save the trust assets.

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Practitioners should encourage all clients with existing irrevocable trusts to meet to review those trusts. Whether for marriage, divorce, tax planning (whatever the future law changes provide), general asset protection planning or other reasons, modifying old irrevocable trusts through decanting (or other means) might make improvements, or as in the Ferri v. Powell-Ferri case, save the trust assets. Ferri v. Powell-Ferri, 326 Conn. 438 (2017).

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