Can I create a spendthrift trust to protect irresponsible heirs?
The question of shielding assets from the potentially imprudent spending habits of beneficiaries is a common concern for estate planning, …
Can I add milestones for the income recipient to receive adjusted payments?
The concept of adjusting payments to an income recipient based on achieving specific milestones is entirely possible within the framework …
Can a bypass trust cover the educational expenses of a beneficiary’s spouse?
The question of whether a bypass trust can cover the educational expenses of a beneficiary’s spouse is complex and hinges …
Can I require review of trust goals every decade?
Establishing a trust is a significant step in securing your future and the future of your loved ones, yet it’s …
What’s the difference between a trust and a probate estate?
The core difference between a trust and a probate estate lies in how assets are managed and distributed after someone …
Can I name a charity as a partial remainder beneficiary of a bypass trust?
Yes, you absolutely can name a charity as a partial remainder beneficiary of a bypass trust, and it’s a strategy …
Can I grant decision-making to a committee rather than a single trustee?
The question of whether to appoint a committee to manage a trust, instead of a single trustee, is a common …
Can a bypass trust cover the educational expenses of a beneficiary’s spouse?
The question of whether a bypass trust—also known as a credit shelter trust—can cover the educational expenses of a beneficiary’s …
Can I require review of trust goals every decade?
Establishing a trust is a significant step in estate planning, designed to manage and distribute assets according to your wishes, …
What’s the difference between a trust and a probate estate?
Understanding the distinction between a trust and a probate estate is crucial for effective estate planning, as each impacts how …