Can I include sunset provisions that phase out the trust over time?
Sunset provisions, also known as termination clauses, are indeed a valuable tool within the realm of trust and estate planning, …
Can a revocable trust be used in business succession planning?
Absolutely, a revocable trust is a powerful and versatile tool frequently employed in business succession planning, offering a flexible framework …
Can I allow digital voting for trust-related decisions?
The question of whether to allow digital voting for trust-related decisions is gaining traction as technology advances, however, it’s a …
Can the trust require a minimum waiting period before a major purchase?
Absolutely, a trust can, and often should, require a minimum waiting period before a beneficiary can make a major purchase …
Can a special needs trust subsidize the purchase of medical-grade skincare?
Navigating the complexities of special needs trusts (SNTs) often brings up questions about permissible expenses, and the potential to cover …
Can I set up an educational incentive trust?
Establishing an educational incentive trust is a powerful tool for securing a child’s or loved one’s future, offering a structured …
What happens if I lose my trust document?
Losing the original trust document can understandably cause significant anxiety, but it doesn’t necessarily invalidate the trust itself. The trust …
Can the trust be used to retire debt from community service initiatives?
The question of utilizing a trust to retire debt incurred from community service initiatives is complex, touching upon the core …
Can a special needs trust be transferred to a different beneficiary if needed?
The question of transferring a special needs trust to a different beneficiary is complex and not straightforward, largely due to …
Can the trust establish a digital ledger for all distributions for transparency?
The increasing digitization of assets and the desire for complete transparency among beneficiaries are driving a demand for innovative trust …