Can the trust allow for alternate trustees in the event of incapacity?
Absolutely, a well-drafted trust should—and almost always does—allow for the designation of alternate trustees to step in should the original …
Can a bypass trust offer an incentive for military or civil service?
A bypass trust, also known as a “grantor retained income trust” or GRIT, can indeed be structured to offer a …
Can I make attendance at annual family meetings a requirement for distribution?
The idea of tying distributions from a trust or estate to attendance at family meetings is a fascinating, and increasingly …
Can the trust pay to defend a beneficiary’s intellectual property rights?
The question of whether a trust can legitimately fund the defense of a beneficiary’s intellectual property (IP) rights is surprisingly …
Can I provide continued funding for a family archive or library?
Establishing and maintaining a family archive or library is a beautiful way to preserve heritage for generations, but ensuring its …
Is a living trust valid in all states?
The question of whether a living trust is valid in all states is a common one for individuals considering estate …
Can the trust allocate funds for collaborative family business projects?
Absolutely, a thoughtfully drafted trust can absolutely allocate funds for collaborative family business projects, offering a powerful tool for both …
Can I choose a foreign charity as a remainder beneficiary?
Yes, you can generally designate a foreign charity as a remainder beneficiary in your estate plan, though it requires careful …
Can a special needs trust pay for court filing fees related to guardianship reviews?
Absolutely, a special needs trust can typically cover court filing fees associated with guardianship reviews, but it’s crucial to understand …
Can I designate a backup guardian for my minor children?
The question of who will care for your children if something unexpected happens is a paramount concern for any parent, …