What is the main purpose of a living trust?
A living trust, also known as a revocable living trust, is a powerful estate planning tool designed to manage your …
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Can a bypass trust be established by unmarried partners?
Yes, a bypass trust, also known as a credit shelter trust or an A-B trust (though less common now due …
Can I include charitable donations in my trust?
Absolutely, you can strategically incorporate charitable donations into your trust, offering both personal fulfillment and potential tax benefits. Estate planning …
Can I assign different trustees to different asset classes?
The question of whether you can assign different trustees to different asset classes is a common one in estate planning, …
Can I restrict trust funds from being used for gambling or addictions?
Protecting beneficiaries from self-destructive behaviors is a significant concern for many when establishing a trust, and the answer is yes, …
Can I use a CRT to enable charitable investment in social impact bonds?
Charitable Remainder Trusts (CRTs) present a fascinating, though complex, avenue for enabling charitable investment, specifically within the burgeoning field of …
Can I establish heirship qualifications through behavior tracking?
The notion of establishing heirship qualifications through behavior tracking sounds like something ripped from a science fiction novel, but the …
Can I set a trust expiration date based on external events?
The question of whether a trust can terminate based on external events, rather than a fixed date, is a common …
Can the trust subsidize transition planning for post-secondary programs?
Navigating the path to post-secondary education, whether it’s college, vocational school, or specialized training, requires significant planning – and often, …
How Can a Trust Protect My Assets From Unforeseen Circumstances?
The old, scratched photo album lay open on my kitchen table. A wave of nostalgia washed over me as I …