Can a bypass trust include a clause to benefit community-based organizations?
The question of whether a bypass trust can include a clause to benefit community-based organizations is a nuanced one, but …
Can I choose how the trust income is distributed—monthly or quarterly?
The flexibility in receiving distributions from a trust is a common concern for beneficiaries, and the answer, while seemingly straightforward, …
Can I write a “final wishes” memo to go with my trust?
Absolutely, creating a “final wishes” memo to accompany your trust is a remarkably insightful step in estate planning, and Steve …
Can I force the sale of specific assets at liquidation?
The question of forcing the sale of specific assets during liquidation, particularly within the context of a trust or estate, …
Can a special needs trust fund access to disability-themed literature?
Navigating the complexities of special needs trusts requires careful consideration of allowable expenses, and while it might seem unusual, accessing …
Can I include provisions for automatic income reduction after certain thresholds?
The question of incorporating automatic income reduction provisions within a trust is a sophisticated one, frequently encountered by individuals seeking …
How are digital contracts treated in testamentary trusts?
The increasing prevalence of digital contracts, or “e-contracts,” presents a fascinating challenge to traditional estate planning, particularly when considering testamentary …
Can I include international property in my estate plan?
Absolutely, incorporating international property into your estate plan is possible, though it introduces complexities that require careful planning and expert …
Can testamentary trusts be structured to reduce generational tax burdens?
Testamentary trusts, created through a will, offer a powerful tool for estate planning, particularly when aiming to minimize tax burdens …
Can the trustee contest a claim against the trust?
As a trustee of a trust, you have a fiduciary duty to protect the assets held within it, and that …