Can a trust have a backup administrator besides the trustee?
The question of whether a trust can have a backup administrator besides the trustee is a common one, and the …
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Can I establish a family emergency relief fund in my estate plan?
Yes, absolutely, establishing a family emergency relief fund within your estate plan is a proactive and thoughtful way to provide …
Can I require all new trustees to undergo a vetting process?
The question of vetting new trustees is paramount to safeguarding the assets and intentions of any trust, and absolutely, you …
Can the trust mandate shared expenses among siblings for joint assets?
Absolutely, a trust can be meticulously crafted to mandate how shared expenses for joint assets are handled among siblings, ensuring …
Can I include multiple levels of distribution approval in the trust?
Establishing a trust is a powerful tool for managing and distributing assets, and the question of incorporating multiple levels of …
Can the trust pay for funeral and burial costs of the beneficiary?
Yes, a properly structured trust can absolutely pay for the funeral and burial costs of a beneficiary, and this is …
Can a special needs trust pay for identity theft protection services?
The question of whether a special needs trust (SNT) can pay for identity theft protection services is a growing concern …
Can I delay distributions from the bypass trust until a specific age?
The question of delaying distributions from a bypass trust—also known as a credit shelter trust or an A-B trust—until a …
Can a testamentary trust provide emergency-only financial support?
Testamentary trusts, established through a will and taking effect after death, are versatile estate planning tools, but their ability to …
Can I add accountability milestones for the trustee in a CRT?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets to charity while retaining an income …