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Changing “Irrevocable” Trusts Through Judicial and Nonjudicial Modification

January 6, 2022 by Neil O'Reilly

Irrevocable Trusts have long been an effective, albeit static, estate planning tool.   These trusts didn’t always change with circumstance, but now they can.  This article explores how.

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Neil O'Reilly
Neil O'Reilly
Cornelius (“Neil”) J. O’Reilly is an attorney whose practice is focused in the areas of Estate Planning, Estate Administration, and Business Succession Planning. His main goal is to demystify Estate Planning for his clients so they can gain peace of mind knowing that they have provided for their families by passing along their hard-earned wealth and by minimizing the stress they will experience if the client becomes incapacitated or dies. He has created the firm with the belief that an estate plan should be driven by the unique needs and desires of each unique client. That’s why there are no “cookie cutter” plans or canned solutions offered to any client. Instead, Neil helps clients identify their goals and then builds estate plans based on those goals.
Neil O'Reilly
Latest posts by Neil O'Reilly (see all)
  • The Evolution of our Unified Estate and Gift Tax System - April 14, 2022
  • Why Is Special Needs Planning Important? - April 12, 2022
  • Double Your Gifting with Spousal Gift-Splitting - April 7, 2022

About Neil O'Reilly

Cornelius (“Neil”) J. O’Reilly is an attorney whose practice is focused in the areas of Estate Planning, Estate Administration, and Business Succession Planning. His main goal is to demystify Estate Planning for his clients so they can gain peace of mind knowing that they have provided for their families by passing along their hard-earned wealth and by minimizing the stress they will experience if the client becomes incapacitated or dies. He has created the firm with the belief that an estate plan should be driven by the unique needs and desires of each unique client. That’s why there are no “cookie cutter” plans or canned solutions offered to any client. Instead, Neil helps clients identify their goals and then builds estate plans based on those goals.

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