Can I provide for periodic lump-sum gifts in addition to ongoing income?
Absolutely, a well-structured trust can absolutely accommodate both periodic lump-sum gifts and ongoing income distributions, offering a flexible approach to …
Can a trustee be held personally liable for investing against the trust’s moral principles?
The question of whether a trustee can be held personally liable for investing against the trust’s moral principles is complex, …
Can I use a testamentary trust to distribute royalties from books or music?
Yes, a testamentary trust can absolutely be used to distribute royalties from books or music, providing a structured and legally …
Can I put my home in an irrevocable trust?
Yes, you can absolutely transfer ownership of your home into an irrevocable trust, but it’s a significant decision with important …
Can I create trust subaccounts for each child with different terms?
The question of whether you can create trust subaccounts for each child with different terms is a common one for …
Can I limit access to trust benefits based on household income?
The question of whether you can limit access to trust benefits based on a beneficiary’s household income is a complex …
Can I restrict how an inheritance is used?
The question of whether you can restrict how an inheritance is used is a common one for estate planning clients, …
Can I assign quarterly transparency calls for all trust stakeholders?
Establishing regular communication with trust beneficiaries and stakeholders through quarterly transparency calls is not only permissible but highly recommended for …
Can a special needs trust include annual audits with a family representative present?
Absolutely, a special needs trust can, and often should, include provisions for annual audits, and importantly, allow for a family …
What expert should I consult about trust tax planning?
The air hung thick with anxiety as Elena stared at the stack of paperwork on her kitchen table. A recent …