10 reasons to consider decanting an irrevocable trust
9. Drafting a special-needs trust.
Perhaps when the trust was first drafted, the client didn’t anticipate having a beneficiary with special needs. A special-needs trust allows a disabled beneficiary to use trust assets without hurting their eligibility for Medicaid and Social Security. The client can decant a trust to add these provisions in the new trust, according to Mr. Oshins.