Can a testamentary trust specify terms for preserving a family archive?
Yes, a testamentary trust can absolutely specify terms for preserving a family archive, offering a robust and legally enforceable method …
Can the trust support fundraising event participation fees?
Navigating the financial aspects of a trust can be complex, particularly when considering expenses like participation fees for fundraising events. …
Can I require a trustee to complete background checks for vendors?
As a trustee, navigating the responsibilities of managing assets and fulfilling the terms of a trust requires diligent oversight, and …
Can I name a friend or relative as trustee of a bypass trust?
Yes, you absolutely can name a friend or relative as trustee of a bypass trust, also known as a credit …
Can the trust include legal protections for non-traditional family caregivers?
The question of providing legal protections for non-traditional family caregivers within a trust is becoming increasingly relevant in today’s diverse …
Can I require a cost-benefit report before new disbursement categories are added?
Adding new disbursement categories within an estate plan, while seemingly simple, can introduce complexities and potential financial ramifications that necessitate …
Can I create instructions for family celebrations using inherited funds?
The question of how to responsibly and meaningfully utilize inherited funds, particularly for family celebrations, is one Steve Bliss, an …
What powers does a trustee have in an irrevocable trust?
Irrevocable trusts, while seemingly rigid due to their unchangeable nature, actually grant trustees a surprisingly robust, yet carefully defined, set …
What should be included in the trust document?
A comprehensive trust document is the cornerstone of effective estate planning, going far beyond simply listing assets; it’s a detailed …
Can the trust support professional licensure for a beneficiary?
The question of whether a trust can support professional licensure for a beneficiary is a surprisingly common one, particularly as …