Can a special needs trust include annual audits with a family representative present?
The question of incorporating annual audits, with a family representative present, into a special needs trust is a thoughtful one, …
Can a trust support adapted athletic equipment?
Establishing a trust to provide for a loved one with special needs requires careful consideration of all potential future expenses, …
Can I include multiple levels of distribution approval in the trust?
Absolutely, incorporating multiple levels of distribution approval within a trust is a sophisticated, yet increasingly common, estate planning technique, especially …
Can I use a testamentary trust to set up conditional travel stipends?
Testamentary trusts, established through a will, offer a flexible mechanism for managing and distributing assets after someone’s passing, and yes, …
Can a trust issue promissory notes to family members?
Yes, a trust can indeed issue promissory notes to family members, but it’s a practice laden with complexities and potential …
Can a trust convert into a foundation at a certain size?
The question of whether a trust can convert into a foundation, particularly as it grows in size, is a nuanced …
Can I require my children to reach a certain age before inheriting?
Yes, you absolutely can require your children to reach a certain age before inheriting, and it’s a very common and …
Can a testamentary trust fund a family emergency relief fund?
A testamentary trust, established through a will, offers a powerful mechanism for long-term financial planning, and yes, it absolutely can …
Can a special needs trust subsidize attendance at support conventions?
The question of whether a special needs trust can subsidize attendance at support conventions is a nuanced one, deeply intertwined …
Can the trust pay for funeral and burial costs of the beneficiary?
Yes, a properly structured trust can absolutely pay for the funeral and burial costs of a beneficiary, offering a significant …