Shenkman Law Webinar: Well-Being Trusts: Beyond Distribution Standards

“Well-Being Trusts” are a growing trend to empower beneficiaries of trusts, beyond making distributions.

Although everyone wants more wealth, history demonstrates that excess wealth can be an inhibitor of creativity and personal fulfillment.  “Well-Being Trusts” are a new approach to trust drafting and administration that can allow trustees to focus on helping beneficiaries flourish in different ways.

On July 9, 2025, from 4:00 pm- 5:30 pm EDT, Morris Nichols partner Todd Flubacher speaks on Delaware’s newly enacted Well-Being Trust statute in the webinar, “Well-Being Trusts: Beyond Distribution Standards,” hosted by Shenkman Law.

Todd and co-presenters Abigail O’Connor, Jonathan Blattmachr, and Martin Shenkman will discuss important issues including:

• Income tax considerations, such as whether payment for programs for beneficiaries qualifies as a trust administrative expense or carries out DNI
• Using a letter of wishes
• Custom provisions practitioners might include
• Conflicts that could arise in some situations
• The need for mechanisms to change trustees and/or the terms of the trust.

For more information and to sign-up, visit the webinar registration page.