Can the trust include funds for parenting support if the beneficiary has children?
Absolutely, a trust can, and often should, include provisions for parenting support if the beneficiary has, or may have in …
Can I create instructions for heirs on managing environmental risks with inherited property?
Inheriting property can be a blessing, but it also comes with potential responsibilities, including understanding and mitigating environmental risks. Often …
Can a trust require quarterly financial planning check-ins?
Absolutely, a trust can, and often should, require quarterly financial planning check-ins, ensuring its continued alignment with the grantor’s original …
Can a CRT own conservation easements?
Conservation easements, powerful tools for land preservation, present a unique intersection with Charitable Remainder Trusts (CRTs), requiring careful consideration for …
How do I title a bank account in the name of the trust?
Titling a bank account in the name of a trust is a crucial step in effective estate planning, ensuring a …
Can the trust prioritize income generation over asset growth?
Absolutely, a trust can be specifically designed to prioritize income generation over aggressive asset growth, and this is a common …
Can I create an estate-run mentorship program for heirs?
The idea of weaving mentorship into the fabric of estate planning is gaining traction, particularly amongst high-net-worth families in San …
Can I use a testamentary trust to leave behind a financial legacy plan?
A testamentary trust, established within a will, offers a powerful mechanism to shape and sustain a financial legacy long after …
Can a special needs trust fund a financial contingency planning course?
The question of whether a Special Needs Trust (SNT) can fund a financial contingency planning course is a nuanced one, …
Can I create a testamentary trust for non-family members?
Yes, you absolutely can create a testamentary trust for non-family members, although it requires careful consideration and planning to ensure …