Can I appoint different people to manage my finances and my healthcare?
Absolutely, you can, and in many estate planning scenarios, it’s not only permissible but highly recommended to designate separate individuals …
admin
What’s a charitable lead trust?
A charitable lead trust (CLT) is an irrevocable trust designed to provide income to a qualified charity for a specified …
Can a testamentary trust be used to hold intellectual capital like patents?
Yes, a testamentary trust can absolutely be used to hold intellectual capital like patents, copyrights, trademarks, and trade secrets, providing …
Can a trust demand genetic testing to confirm biological relationships?
The question of whether a trust can demand genetic testing to confirm biological relationships is becoming increasingly prevalent, especially as …
Can the trust fund accessibility consulting for employers of the beneficiary?
Navigating the complexities of trust funds often extends beyond simply establishing the legal document; a crucial, yet often overlooked, aspect …
How do I notify the IRS about a trust?
Establishing a trust is a significant step in estate planning, but it also triggers certain IRS notification requirements to ensure …
Can I create a trust for non-relatives?
Absolutely, you can establish a trust to benefit individuals who are not your direct relatives, offering a powerful tool for …
Can I design gamified financial learning experiences as trust preconditions?
The question of integrating gamified financial learning as preconditions within estate planning, specifically relating to trusts, is increasingly relevant in …
Can the trust require that educational grants be repaid if not completed?
The question of whether a trust can require repayment of educational grants if the beneficiary fails to complete their education …
How can I ensure my assets are distributed according to my wishes after I’m gone?
The phone rang, jarring Margaret awake. It was her sister, frantic and sobbing. Their father had passed away suddenly. Margaret’s …