What is the difference between a testamentary trust and a living will?
A testamentary trust and a living will, while both crucial components of comprehensive estate planning, address distinctly different needs and …
Can a special needs trust subsidize subscription boxes for skill-building?
Navigating the financial landscape for a loved one with special needs requires careful planning, and a frequently asked question revolves …
Can a CRT use offshore investments legally?
Community Revocable Trusts (CRTs) are powerful estate planning tools allowing individuals to control their assets during life and distribute them …
Can I require monthly budget reports from the trustee?
As a beneficiary of a trust, the ability to receive regular financial updates, such as monthly budget reports, is a …
Can I mandate that the trust offer mentorship stipends?
The question of whether a trust can mandate mentorship stipends is complex, falling into the realm of trust provisions and …
Can the trust include instructions to avoid environmentally harmful investments?
Absolutely, a trust can and increasingly does include instructions to avoid environmentally harmful investments, aligning with the growing field of …
Can I allow temporary delegation of trust access to charitable entities?
The question of temporarily delegating trust access to charitable entities is a complex one, often arising when a trustee desires …
Can I add insurance policy requirements for trust assets?
Yes, absolutely, incorporating insurance policy requirements for trust assets is not only possible but often a crucial element of comprehensive …
Can a testamentary trust prevent irresponsible spending?
A testamentary trust, established through a will and taking effect after death, can indeed be a powerful tool to mitigate …
Can I mix per stirpes and per capita rules in one trust?
The question of whether you can mix *per stirpes* and *per capita* distribution rules within a single trust is complex …