Can I set limitations for luxury purchases via trust distributions?
The question of controlling how beneficiaries spend trust assets, specifically regarding luxury purchases, is a common one for estate planning …
What are the risks of using an irrevocable trust?
Irrevocable trusts, while powerful tools in estate planning, aren’t without potential downsides and risks that individuals considering them should thoroughly …
Can I establish rotating disbursement privileges among co-beneficiaries?
The question of whether you can establish rotating disbursement privileges among co-beneficiaries is a complex one, deeply rooted in the …
Can I require skill certifications before certain distributions are released?
The question of whether a grantor can require skill certifications before distributions are released from a trust is a nuanced …
Can a special needs trust pay for accessible cooking appliances?
The question of whether a special needs trust can pay for accessible cooking appliances is a common one for families …
Can I set aside part of the trust for climate disaster relief affecting heirs?
The question of incorporating climate disaster relief into a trust is gaining traction as concerns about the escalating impacts of …
Can I require the trustee to report to a board of advisors?
Establishing a trust is a powerful tool for managing and distributing assets, but it’s not a ‘set it and forget …
Can I leave specific investment strategies in my plan for future heirs?
Leaving specific investment strategies for future heirs is a common desire among those engaged in estate planning, and while achievable, …
Is a living trust a good way to avoid estate taxes?
A living trust, while a powerful estate planning tool, isn’t a simple “get out of estate tax” card, but rather …
Can a trust own patents or trademarks?
Absolutely, a trust can indeed own patents and trademarks, offering a powerful and flexible estate planning tool for individuals and …