EPISODE · Jul 1, 2024 · 8 MIN
Changing an Irrevocable Trust
from Wilmington Trust’s Get Educated in Minutes · host Wilmington Trust
There are good reasons a family may consider changing the terms of an irrevocable trust. For instance, maybe there has been a change in a beneficiary’s ability to manage family resources, or perhaps a new trustee was named. Fortunately, “irrevocable” does not necessarily mean set in stone. In this podcast, Jeff Wolken, national director of Delaware Trust Planning for Wilmington Trust Emerald Family Office & Advisory®, discusses several tools available under the law that may enable families to modify irrevocable trusts.
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Changing an Irrevocable Trust
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