What is a trustee in a testamentary trust?
A trustee in a testamentary trust is a person or institution legally responsible for managing assets held within a trust …
Can I use the bypass trust to pass on digital copyrights or patents?
The bypass trust, also known as a credit shelter trust, is a powerful estate planning tool designed to maximize the …
Can I create conditional inheritances based on marital status?
The question of whether you can create conditional inheritances based on marital status is complex, but generally, yes, it is …
Can I include a no-contest clause related to trust disputes?
A no-contest clause, also known as an *in terrorem* clause, is a provision within a trust document that attempts to …
Can a bypass trust fund public speaking training for heirs?
The question of whether a bypass trust can fund public speaking training for heirs is multifaceted, hinging on the specific …
Can the trust support community building through structured recreational clubs?
Establishing and financially supporting structured recreational clubs through a trust is not only permissible but can be a remarkably effective …
Can a special needs trust be set up in advance of diagnosis?
Establishing a special needs trust (SNT) is a proactive step in safeguarding a loved one’s future, and surprisingly, it absolutely …
Can the trust pay for relocation expenses to care for an elderly parent?
Navigating the complexities of elder care often involves significant logistical and financial considerations, and a common question arises: can a …
Can I transfer rental contracts into a CRT as part of a real estate donation?
Transferring rental contracts alongside real estate into a Charitable Remainder Trust (CRT) is a complex but potentially advantageous estate planning …
Can a bypass trust help preserve my estate tax exemption?
The question of preserving one’s estate tax exemption is a significant concern for many individuals, particularly as wealth accumulates and …