Can I be a beneficiary of my own irrevocable trust?
Generally, you cannot be the sole beneficiary of an irrevocable trust, as it defeats the primary purpose of such a …
Can I set recurring trustee education requirements?
Trustees have a significant responsibility to manage assets for the benefit of beneficiaries, and increasingly, individuals and courts are recognizing …
Can a bypass trust include a biometric trigger for health emergency disbursements?
The concept of integrating biometric triggers into bypass trusts for health emergency disbursements is a fascinating and increasingly explored area …
Can an irrevocable trust include privacy clauses for beneficiaries?
The question of whether an irrevocable trust can include privacy clauses for beneficiaries is a critical one, particularly in an …
Can I use the trust to facilitate property tax payments on inherited homes?
Navigating property taxes after inheriting a home can be complex, and a trust can indeed play a crucial role in …
Can I require public acknowledgment of the trust’s role in major expenses?
The question of requiring public acknowledgment of a trust’s involvement in major expenses is a nuanced one, heavily dependent on …
Can the CRT distribute assets to the charity before the trust term ends?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools that allow individuals to donate assets to a charity of their …
Can I require that property be maintained in historical condition?
Preserving a property’s historical character is a deeply personal desire for many estate planning clients, and it’s absolutely possible to …
Can a special needs trust pay for clothing?
The question of whether a special needs trust (SNT) can pay for clothing is a common one for families caring …
Can a testamentary trust be used to support an aging sibling?
A testamentary trust, created within a will, offers a powerful tool to provide ongoing support for a sibling facing the …