NJSAs: Death to the Irrevocable Trust
Irrevocable Trusts aren’t so irrevocable as one may think. The Wisconsin Statutes allow an interested person to enter into a nonjudicial settlement agreement (“NJSA”) to alter specific provisions of an irrevocable trust. NJSAs provide a powerful and useful tool in the administration of a trust, but estate planners must be aware of the procedure, considerations and risks of NJSAs. In this presentation, we’ll discuss the basics and structure of NJSAs and considerations to make while drafting NJSAs.
About our speakers:
Kristin Occhetti is a Partner at Quarles & Brady LLP, focusing her practice on assisting individuals, executives, business owners and other professionals with estate planning, wealth transfer and preservation strategies. She is especially knowledgeable in preparing estate plans for people with disabled beneficiaries and potential guardianship needs. Kristin also advises personal representatives, trustees and beneficiaries in complex probate and trust administrations, and she handles various types of disputes and litigation involving estates and/or trusts.
Abigail Bogli is an Associate Attorney at Quarles & Brady LLP, focusing her practice on assisting individuals and families in the creation of estate plans that reflect the client’s personal and financial wishes, including advising clients on multigenerational wealth preservation, tax planning, charitable planning and the efficient administration of trusts and estates.
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Salad
Beet, Arugula, Frisee, Walnut, White Wine Vinaigrette
Entree
Lemon-Herb Airline Chicken Breast
Mashed Potato, Butter Broccoli, Rosemary Demi
or Vegetarian Entree upon request
Thank you to our sponsors:
