Can I set up a bypass trust to make income-based distributions?
The question of whether you can establish a bypass trust—also known as a credit shelter trust or a Section 2056 …
Can a special needs trust subsidize peer-to-peer mentorship tools for disability support?
The question of whether a special needs trust can fund peer-to-peer mentorship tools for disability support is multifaceted, involving careful …
Can I create a reporting dashboard for all distributions made from the trust?
Establishing a clear and comprehensive reporting system for trust distributions is a vital component of responsible trust administration, and yes, …
Can a testamentary trust apply to out-of-state property?
Yes, a testamentary trust can absolutely apply to out-of-state property, but it requires careful planning and often, ancillary probate proceedings. …
Can I direct how specific items are distributed through a testamentary trust?
Yes, you absolutely can direct how specific items are distributed through a testamentary trust, and that’s one of the most …
Can a bypass trust distribute assets unevenly among beneficiaries?
The short answer is yes, a bypass trust—also known as a B trust or a family trust—can absolutely distribute assets …
Can a trust hold and license digital media libraries?
The question of whether a trust can hold and license digital media libraries is becoming increasingly relevant in our digital …
Can I mandate the use of fiduciary advisors in trust management?
Trusts are powerful tools for managing assets and ensuring your wishes are carried out, but their success hinges on responsible …
Can the bypass trust include a clause to delay distributions after remarriage?
The question of whether a bypass trust—also known as a credit shelter trust or an A-B trust—can include a clause …
Who Should I Notify If A Trust Is Being Mishandled?
The late afternoon sun cast long shadows across the manicured lawn as Eleanor nervously clutched her worn leather purse. Inside, …