Can a special needs trust own business interests?
Yes, a special needs trust can, in many circumstances, own business interests, but it requires careful planning and adherence to …
Can I prevent the CRT from making distributions to certain types of nonprofits?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets to charity while retaining an income …
Can a bypass trust benefit a child’s guardian in the event of both parents’ deaths?
The question delves into a critical aspect of estate planning for parents with minor children: ensuring their well-being is secured …
Can a special needs trust offer funds for executive skill coaching?
Special needs trusts, also known as supplemental needs trusts, are powerful tools designed to provide for individuals with disabilities without …
What happens if I move after creating a testamentary trust?
A testamentary trust, created within a will, doesn’t immediately spring into existence upon your death; rather, it’s established *after* the …
Can a testamentary trust hold separate property in a community property state?
Yes, a testamentary trust can indeed hold separate property even within a community property state like California, though careful planning …
Can a CRT be funded with personal property like collectibles or jewelry?
Charitable Remainder Trusts (CRTs) offer a fascinating avenue for charitable giving while simultaneously providing income to the donor, and the …
Can I cap the annual distribution from a high-yielding asset?
The question of capping annual distributions from a high-yielding asset, particularly within the realm of trusts and estate planning, is …
Can I include “clawback” provisions if a beneficiary misuses funds?
The question of whether you can include “clawback” provisions—allowing the recovery of distributed funds from a beneficiary due to misuse—is …
How can I protect my family’s future with proper estate planning?
The phone slipped from her grasp, clattering onto the hardwood floor. Maria stared at the message on her screen, a …