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Decanting a trust is a legal process in Texas that allows trustees to transfer assets from one trust into a new trust with different terms. It gives trustees flexibility in managing trusts to suit beneficiaries' needs better or address changes in circumstances....
Many people work hard to build up their wealth and they want their money and investments to go to the right people after they pass away. This wealth could be used for generations in good hands. If a beneficiary misuses their inheritance, however, all that work goes...