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Changing “Irrevocable” Trusts Through Decanting

September 1, 2021Estate Planning, Legal Education

Irrevocable Trusts are often included as part of a comprehensive estate plan and are usually established many years before they pay out or terminate. These trusts didn’t change with changes in beneficiary circumstances or with evolving legislation, but now they can. This article explores how.

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Scott Schomer, Estate Planning Attorney

A graduate of Boston University School of Law, Scott P. Schomer is a frequent lecturer on estate planning and elder law issues, having discussed these important issues on local and national television. A seasoned courtroom advocate, Scott has obtained combined judgments and verdicts in excess of twenty-five million dollars for his clients. Read More!

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Client Review

July 29, 2020

We need to update our Living Trust and attended Schomer Estate & Wealth Advisors’s seminar. Afterwards we made an appointment and were impressed by the attention Scott Schomer and Liran Aliav gave to our case answering all questions and making suggestions how to minimize the estate tax. All the office staff is very friendly and we highly recommend Schomer Estate & Wealth Advisors.

Client Review

July 29, 2020

Mr. Schomer does an amazing job at explaining all the intricacies of establishing a trust. He and his team help you every step of the way so you always know what to expect and what you are preparing for. Best education you can get and the best gift you can give your family.

Client Review

July 29, 2020

We put off getting a trust for years. After attending a seminar with Scott Schomer we realized that the time had come to get a trust. We were given very good reasons for why we should get a trust. No pressure, just the plain facts. We are very relieved and happy to finally get our trust. Scott and Cesar were very knowledgeable, helpful and listened to our ideas of what we had to say. Any questions that we have now and in the future they are available to assist us to solve them. I recommend the Schomer Estate & Wealth Advisors and I wish we knew about them years ago.

Client Review

July 29, 2020

When you’re presented with an invitation to attend in a mailer, you may have reservations, this was a truly gift!! My wife and I were educated and guided through the process of creating a family trust.
Both of our parents had attorney’s that “worked” with wills/trusts, but came up short. Fortunately, the Schomer Estate & Wealth Advisors was there! This is a group of attorney’s that only specialize in estate planning, law, and financial advice, so you know you’re getting expert and personalized advice. This is the best money we’ve ever spent!! Thank you!

Client Review

July 29, 2020

We knew we had to update our 10 year old ( 20 page ) trust. After several detailed meetings, Liran and Cesar produced a large ( 300 pages + ) highly detailed trust document that we have used to make sure our family estate is well managed and clearly understood.
They were all very helpful in answering myriad questions and explaining all the various options…

We would strongly recommend the Schomer Estate & Wealth Advisors to anyone with an estate of even modest means, to assure proper planning…

Client Review

July 29, 2020

We had contemplated updating our will and starting a trust for a number of years. After attending a talk by Scott Schomer we realized we were long overdue and the potential downside of not having our affairs in order was significant. Scott and his excellent team made the process simple and seamless. They were great listeners, addressed all our concerns and even pulled and processed all the paperwork from our financial institutions. If you are looking for assistance with estate planning, wills and trusts, we highly recommend Schomer Estate & Wealth Advisors.

Client Review

July 29, 2020

Very competent & informative – friendly atmosphere – ready to answer the most mundane questions – relaxed.

Client Review

July 29, 2020

Mr. Schomer was excellent in getting our family trust and estate affairs in order. My husband and I had put off doing this and Scott really made the process easy! He is very passionate in making sure his clients get all that they need and we really appreciated it. I would highly recommend him and look forward to the many years he will be available to assist our family.

Investment advisory services offered through Integrity Advisory Solutions, LLC, an investment adviser registered with the SEC and a wholly owned subsidiary of Integrity Wealth, LLC. Integrity Wealth and American Academy Wealth are strategic partners; they are not affiliated through ownership or common control. Schomer Wealth Advisors, LLC., DBA Schomer Estates and Wealth Advisors, is a strategic partner of Integrity Wealth; it is not affiliated with Integrity Wealth through ownership or common control.

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This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Scott P. Schomer at info@schomerlaw.com.

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Changing “Irrevocable” Trusts Through Decanting

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