James G. Blase is principal with the law firm of Blase & Associates, LLC in St. Louis, Missouri, and is also of counsel with the law firm of Mickes O'Toole, LLC in St. Louis, Missouri.
There are many ways to draft a modified accumulation trust. Here's one: Separate Accounting for Retirement Arrangements Except as otherwise provided in paragraph 3, below, if any trust hereunder shall have the right...
Recent private letter rulings issued by the Internal Revenue Service1 have created concern among estate-planning attorneys regarding the best way to draft trusts that are intended as potential receptacles of IRA or...