Can a bypass trust receive assets via disclaimer by the surviving spouse?
The question of whether a bypass trust can receive assets via disclaimer by the surviving spouse is a complex one, …
Can I prevent a beneficiary from spending irresponsibly?
The concern of a beneficiary mismanaging inherited funds is a very common one for those engaged in estate planning, and …
Can I direct annual donations to community organizations I support?
Yes, you absolutely can direct annual donations to community organizations you support, and estate planning tools, specifically charitable remainder trusts …
Is an irrevocable trust safe from lawsuits?
The question of whether an irrevocable trust shields assets from lawsuits is complex and doesn’t have a simple yes or …
Can a trust require beneficiaries to learn the family history?
The question of whether a trust can require beneficiaries to learn family history is a fascinating one, blending legal mechanisms …
Can a bypass trust require diversity in professional advisors selected by trustees?
The question of whether a bypass trust can, or should, require diversity in the professional advisors selected by trustees is …
Can an executor and trustee be the same person?
Yes, it is absolutely possible, and often quite common, for one individual to serve as both the executor of a …
Can I limit access to funds if a beneficiary fails to meet tax obligations?
Establishing a trust allows for nuanced control over asset distribution, even extending to conditions related to a beneficiary’s financial responsibility, …
Can I coordinate my bypass trust with other heirs’ trusts for long-term strategy?
The coordination of a bypass trust – also known as a credit shelter trust or an AB trust – with …
Can a trust terminate automatically after a goal is met?
Yes, a trust can absolutely terminate automatically once its stated goal or purpose has been fulfilled, and this is a …