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  1. Jim Smyth on August 3, 2013 at 5:03 am

    Decanting is the process of pouring assets from one trust to another, including from a common trust to separate trusts for siblings. Decanting from common trusts to new trusts after 30 years should not trigger new taxes unless new controls are to be exercised that would cause new ownership rights to vest. Congratulations to the Boston Bar for their amicus brief. Let’s hope the IRS respects this decision.

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