Jennifer Smith presented on Delaware and Pennsylvania trust modification options to attorneys
WILMINGTON, DE (August 26, 2020) – McCollom D’Emilio Smith Uebler LLC partner, Jennifer Smith co-presented virtually with Mary Kaye Anthony and Kalimah Z. White, Senior Trust Advisors of TD Wealth, on trust modification through the Delaware County Bar Association (DCBA) on August 26, 2020.
Smith, White and Anthony provided insights on existing trust modification options and what each of them entail. During their presentation, they discussed the intricacies of trust modifications, including decanting, mergers, nonjudicial settlement agreements (NJSA), modification by consent, court orders and allocation of trustee duties. This session focused on when it is possible to pour the contents of an old trust into a new trust and provided best practices on what to do if there are changes to estate planning objectives or new tax laws.
This presentation was hosted by the Delaware County Bar Association and was sponsored by TD Wealth. The DCBA offers quality, low cost CLE programs each year, that help provide information to lawyers and the community at large.
About McCollom D’Emilio Smith Uebler
McCollom D’Emilio Smith Uebler is a Wilmington-based law firm specializing in trusts, estates, and tax; business transactions; and litigation. With a commitment to responsiveness, strategic thinking, and efficiency, the firm represents both corporate and individual clients in transactional and litigation matters. The firm was founded in 2018.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by branches and serves more than 25 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with approximately 12 million active online and mobile customers. TD had CDN$1.3 trillion in assets on July 31, 2018. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.