Can I allocate assets for restoration or preservation of cultural artifacts?
The question of allocating assets for the restoration or preservation of cultural artifacts is a fascinating one, often intersecting with …
Can I name my trust as a beneficiary on insurance policies?
Yes, you absolutely can name your trust as a beneficiary on insurance policies, and in many cases, it’s a highly …
Can I require attendance at family retreats or planning sessions?
The question of mandating family participation in estate planning retreats or sessions is a surprisingly common one, and the answer …
Can a testamentary trust prohibit certain types of spending altogether?
Absolutely, a testamentary trust can indeed prohibit certain types of spending altogether, offering a remarkable level of control even after …
Can a bypass trust be contested by other heirs?
The question of whether a bypass trust can be contested by other heirs is a complex one, deeply rooted in …
Can I create multiple bypass trusts with different terms for each branch of the family?
The short answer is yes, you absolutely can create multiple bypass trusts, sometimes referred to as “A-B trusts” or “credit …
Can the trust fund memberships to professional organizations for heirs?
Establishing a trust is a powerful tool for wealth management and ensuring your assets are distributed according to your wishes, …
Can I cap estate expenses tied to nonessential upgrades?
Navigating estate expenses can be complex, particularly when dealing with improvements to property that fall outside of necessary maintenance. While …
Can a special needs trust fund open-source accessibility software development?
The question of whether a special needs trust (SNT) can fund open-source accessibility software development is complex, revolving around the …
Can a testamentary trust receive IRA distributions?
Yes, a testamentary trust can receive IRA distributions, but it’s a nuanced process governed by IRS regulations and requires careful …