Tips From the Pros: Anticipating the Unanticipated With Trust Planning

Al W. King III suggests drafting detailed and flexible trusts to ensure that a grantor’s intent is followed, especially because an unforeseen issue can arise.

Al W. King III | Sep 21, 2018

Individuals can’t anticipate many possible issues when doing their long-term and perpetual intergenerational trust planning. Both judicial and non-judicial modifications¹ as well as decanting² and trust protectors³ have been helpful to amend trust documents to accommodate many of these unanticipated changes.⁴ The grantor’s intent generally rules the day. Consequently, detailed and flexible trust drafting is generally very helpful. <

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