What is a grantor trust vs. a non-grantor trust?
Understanding the distinction between grantor and non-grantor trusts is fundamental in estate planning, as it significantly impacts tax implications and …
Can I embed social impact investing principles in the trust document?
The question of integrating social impact investing into a trust document is gaining significant traction as beneficiaries increasingly desire their …
Can a bypass trust include a clause to benefit community-based organizations?
Absolutely, a bypass trust can indeed include a clause to benefit community-based organizations, allowing individuals to leave a lasting legacy …
Can a bypass trust include funding for fertility treatments or adoption?
The question of whether a bypass trust—also known as an A-B trust or a marital trust—can include funding for fertility …
Can a trust include guardianship provisions?
Absolutely, a trust can and often *should* include guardianship provisions, especially when parents or guardians have minor children or dependents …
What are the trustee’s responsibilities?
Serving as a trustee is a significant undertaking, demanding both legal acumen and a deep sense of fiduciary duty; it’s …
Can I provide for periodic lump-sum gifts in addition to ongoing income?
Absolutely, crafting an estate plan that balances ongoing financial support with occasional larger gifts is not only possible, but a …
How do I set up an irrevocable trust?
Establishing an irrevocable trust is a significant step in estate planning, offering asset protection and potential tax benefits, but it …
Can a trustee withhold distributions if a beneficiary is in prison?
The question of whether a trustee can withhold distributions from a trust to a beneficiary who is incarcerated is surprisingly …
What are the must-haves in a reliable estate planning attorney near me?
The phone slipped from my trembling hand, clattering onto the hardwood floor. Tears welled in my eyes as I stared …