Who should have copies of my trust?
Determining who receives copies of your trust is a critical component of effective estate planning, balancing transparency with privacy and …
Can a trust reward marriage or parenting milestones?
The question of whether a trust can reward marriage or parenting milestones is a surprisingly common one, and the answer …
Can a testamentary trust reward military service with bonus distributions?
Yes, a testamentary trust can absolutely be structured to reward military service with bonus distributions, offering a powerful way to …
How do I restrict access to money for young beneficiaries?
Protecting assets for young beneficiaries is a significant concern for many parents and grandparents, and a common question for estate …
How do state-specific inheritance tax exemptions impact testamentary trusts?
Inheritance taxes, levied on the transfer of assets after death, and testamentary trusts, created within a will to manage those …
Can I close a trust before I die?
Yes, you can generally close a trust before you die, but the process isn’t always straightforward and depends heavily on …
Can a trust reward marriage or parenting milestones?
The idea of incentivizing life events like marriage or achieving parenting milestones within a trust is gaining traction as a …
Can a special needs trust pay for services related to establishing medical power of attorney?
The question of whether a special needs trust (SNT) can cover the costs associated with establishing a medical power of …
Can a testamentary trust include ethical or moral guidelines?
Yes, a testamentary trust can absolutely include ethical or moral guidelines, though the extent to which these are enforceable can …
How do state-specific inheritance tax exemptions impact testamentary trusts?
The interplay between state inheritance tax exemptions and testamentary trusts is a complex area of estate planning, often overlooked but …