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What is state quotdecantingquot statutes?

State quotdecantingquot statutes allow a trustee to transfer assets from an old trust to a new trust with different terms.

Who is required to file state quotdecantingquot statutes?

Trustees or estate planners are required to file state quotdecantingquot statutes.

How to fill out state quotdecantingquot statutes?

To fill out state quotdecantingquot statutes, trustees must follow the specific guidelines set by the state and provide all necessary information.

What is the purpose of state quotdecantingquot statutes?

The purpose of state quotdecantingquot statutes is to allow trust assets to be transferred to a new trust with updated terms, without the need for court approval.

What information must be reported on state quotdecantingquot statutes?

The information required on state quotdecantingquot statutes includes details of the old trust, the new trust, the reasons for decanting, and the assets being transferred.

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