Trust Situs: Where Should You Go and When Should You Move?

Available: In Stock
Product No: 15092
Duration: 3.00 Hours
Publish Date : 10/30/2013

Item Description :


Purchase these materials to understand the many ways that state laws vary with regard to trust administration and state income taxation of trusts.

With regard to trusts being drafted today, the selection of trust situs will have a substantial impact on trust administration given that state laws vary considerably. For clients with significant wealth, the topic of trust situs must be reviewed and discussed to account for state law-related contingencies.

Post-drafting considerations will also be addressed. Many states permit a trustee to transfer an existing trust’s principal place of administration. Join us to learn when transfer should be considered, the mechanics of how this is done and what one can expect to be accomplished. The materials will also examine whether a trustee is under a duty to transfer the trust’s principal place of administration if there are benefits to making a transfer.

These materials primarily focus on the trust laws of Massachusetts, Delaware and New Hampshire with regard to trust situs.


I. Examination of State Law Relative to:
    a. Rule Against Perpetuities
    b. Limitation of information to be provided to beneficiaries,
    c. Protection for self-settled irrevocable trusts
    d. Decanting of an existing trust to a new trust,
    e. Protection for trustees of directed trusts
    f. Income tax

II. Examining issues related to transfer of situs:
    a. When should a trustee of an existing trust consider transferring situs?        
    b. How is the transfer of situs best accomplished?
    c. Duties of a Trustee relative to transfer.

Jocelyn M. Borowsky, Esq.
Duane Morris

Dennis R. Delaney, Esq.
Hemenway & Barnes

Joseph L. Bierwirth, Esq.
Hemenway and Barnes

Eric P. Hayes
Goodwin Procter LLP

Program Chair:
Eric P. Hayes
Goodwin Procter LLP


Pricing :
CLE Book & Audio CD: Member $165.00
CLE Book & Audio CD: Non-Member $195.00