Can the CRT remainder fund a micro-grant program?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets, receive income during their lifetime, and …
Can I restrict annual payouts to a maximum percent of average trust value?
Yes, it is absolutely possible, and often advisable, to restrict annual payouts from a trust to a maximum percentage of …
Can testamentary trust documents include version control history?
Testamentary trusts, established through a will and taking effect after death, are powerful tools for managing assets and providing for …
Can I impose bans on high-risk hobbies or professions through the trust?
The question of restricting beneficiaries’ lifestyles through a trust, specifically concerning high-risk hobbies or professions, is a complex one, frequently …
Can assets be added to the trust later?
Yes, absolutely, assets can typically be added to a trust even after its initial creation, and this is a common …
Can I include instructions for funeral and burial in the trust?
Yes, you absolutely can include instructions for your funeral and burial within a properly structured trust, though it’s not a …
Can the trust create a fund specifically for environmental justice initiatives?
Absolutely, a trust can be meticulously designed to create a fund specifically dedicated to environmental justice initiatives, allowing for a …
Can a trust pay for marriage counseling?
The question of whether a trust can pay for marriage counseling is surprisingly complex, dependent on the specific terms of …
How is capital gains tax handled in an irrevocable trust?
Irrevocable trusts, while powerful estate planning tools, introduce unique complexities when it comes to capital gains tax. Generally, when assets …
Can the court override the terms of a testamentary trust?
Testamentary trusts, created within a will, offer a structured way to manage and distribute assets after someone’s passing, but the …