This concept is known as “distributable net income” or “DNI” and creates a presumption that any distribution made from the trust to a beneficiary is deemed to come first from the income of ...

Incorporation of changes to the original terms of a CRUT may allow it to better reflect the grantor’s current objectives.

"Outright" distributions from the trust to the beneficiary in his or her name should rarely occur for large or even relatively modest estates. A better approach is for each beneficiary's ...

Trust Act 2024 enables families to use Delaware trusts to include beneficiary ... distribution discretion. Trust Act 2024 amended several statutes to codify the concept of a letter of wishes ...