{"id":75340,"global_id":"elvilleassociates.com\/blogs\/6168?id=75340","global_id_lineage":["elvilleassociates.com\/blogs\/6168?id=75340"],"author":"1","status":"publish","date":"2024-12-19 16:43:00","date_utc":"2024-12-19 16:43:00","modified":"2024-12-19 16:43:00","modified_utc":"2024-12-19 16:43:00","url":"https:\/\/elvilleassociates.com\/blogs\/6168\/event\/webinar-understanding-marylands-new-decanting-law-going-beyond-the-vineyard\/","rest_url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-json\/tribe\/events\/v1\/events\/75340","title":"Webinar: Understanding Maryland\u2019s New Decanting Law \u2013 Going Beyond the Vineyard","description":"

On October 1, 2023, the Maryland Decanting Act became effective new law in Maryland.\u00a0 <\/span>As 2024 is well underway, and with Maryland now having its own decanting law, clients, financial advisors, CPAs, and other collaborative advisors, need to understand the fundamentals of this new law, and how decanting is arguably the most aggressive and extreme power in estate planning.\u00a0<\/span>
\nIn this concise one-hour presentation, Stephen Elville, Managing Principal and Director of Operations at Elville and Associates, P.C., a leading estate planning and elder law firm in Maryland, will lead a discussion about the major things clients, financial advisors, CPAs, and other collaborative advisors need to know about the effects, pros and cons, including risks and rewards, of the new decanting law.\u00a0 <\/span>Mr. Elville will take questions both during and after the presentation, and is available for new client meetings, as well as problem-solving, educational, practice growth, and other one-on-one or group discussions.<\/p>\n

Topics of discussion will include:<\/p>\n

– Understanding why many trusts aren\u2019t permanent in 2024 \u2013 what is Decanting, and how it came about that your trust could someday be changed<\/p>\n

– Why there\u2019s a need for flexibility in estate planning, and what does that look like in 2024<\/p>\n

– History of decanting and trust flexibility tools in Maryland\u00a0<\/span><\/p>\n

– What is a clients\u2019 \u201cexposure\u201d to decanting now, and does this mean a possible disruption of a client\u2019s estate plan?<\/p>\n

– Do clients have a choice about this?\u00a0 <\/span>\u201cI liked my old wine\u201d, says Sally …<\/p>\n

– Advantages and disadvantages of decanting<\/p>\n

– Brief overview of the new Maryland Decanting Statute<\/p>\n

– Examples<\/p>\n

To receive your personal link to attend ahead of time, please click here<\/a>.<\/p>\n

One continuing education hour is available for most advisors who attend this webinar.\u00a0 <\/span>Should you have questions, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com<\/a>, or 443-393-7696<\/a> x117.\u00a0 <\/span>We look forward to hosting you!<\/p>","excerpt":"","slug":"webinar-understanding-marylands-new-decanting-law-going-beyond-the-vineyard","image":{"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_.jpg","id":75341,"extension":"jpg","width":2560,"height":1707,"filesize":332582,"sizes":{"medium":{"width":300,"height":200,"mime-type":"image\/jpeg","filesize":11942,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-300x200.jpg"},"large":{"width":1024,"height":683,"mime-type":"image\/jpeg","filesize":70812,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-1024x683.jpg"},"thumbnail":{"width":150,"height":150,"mime-type":"image\/jpeg","filesize":6048,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-150x150.jpg"},"medium_large":{"width":768,"height":512,"mime-type":"image\/jpeg","filesize":45585,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-768x512.jpg"},"1536x1536":{"width":1536,"height":1024,"mime-type":"image\/jpeg","filesize":132290,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-1536x1024.jpg"},"2048x2048":{"width":2048,"height":1366,"mime-type":"image\/jpeg","filesize":211382,"url":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_-2048x1366.jpg"}}},"all_day":false,"start_date":"2024-02-21 10:00:00","start_date_details":{"year":"2024","month":"02","day":"21","hour":"10","minutes":"00","seconds":"00"},"end_date":"2024-02-21 11:00:00","end_date_details":{"year":"2024","month":"02","day":"21","hour":"11","minutes":"00","seconds":"00"},"utc_start_date":"2024-02-21 10:00:00","utc_start_date_details":{"year":"2024","month":"02","day":"21","hour":"10","minutes":"00","seconds":"00"},"utc_end_date":"2024-02-21 11:00:00","utc_end_date_details":{"year":"2024","month":"02","day":"21","hour":"11","minutes":"00","seconds":"00"},"timezone":"UTC+0","timezone_abbr":"UTC+0","cost":"","cost_details":{"currency_symbol":"","currency_code":"","currency_position":"prefix","values":[]},"website":"","show_map":true,"show_map_link":true,"hide_from_listings":false,"sticky":false,"featured":false,"categories":[{"name":"Webinar","slug":"webinar","term_group":0,"term_taxonomy_id":150,"taxonomy":"tribe_events_cat","description":"","parent":0,"count":139,"filter":"raw","id":150,"urls":{"self":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-json\/tribe\/events\/v1\/categories\/150","collection":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-json\/tribe\/events\/v1\/categories"}}],"tags":[],"venue":[],"organizer":[],"custom_fields":[],"json_ld":{"@context":"http:\/\/schema.org","@type":"Event","name":"Webinar: Understanding Maryland\u2019s New Decanting Law \u2013 Going Beyond the Vineyard","description":"<p>On October 1, 2023, the Maryland Decanting Act became effective new law in Maryland.\u00a0 As 2024 is well underway, and with Maryland now having its own decanting law, clients, financial […]<\/p>\\n","image":"https:\/\/elvilleassociates.com\/blogs\/6168\/wp-content\/uploads\/2024\/12\/decanting-image-scaled-DvbyDn.tmp_.jpg","url":"https:\/\/elvilleassociates.com\/blogs\/6168\/event\/webinar-understanding-marylands-new-decanting-law-going-beyond-the-vineyard\/","eventAttendanceMode":"https:\/\/schema.org\/OfflineEventAttendanceMode","eventStatus":"https:\/\/schema.org\/EventScheduled","startDate":"2024-02-21T05:00:00-05:00","endDate":"2024-02-21T06:00:00-05:00","performer":"Organization"}}