Can a bypass trust be conditioned on compliance with a prenup agreement?
The intersection of estate planning tools like bypass trusts and marital agreements such as prenuptial agreements presents a fascinating, and …
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Can I pre-fund transition costs if an heir becomes incapacitated?
Planning for the possibility of an heir’s incapacitation is a crucial, yet often overlooked, aspect of estate planning, and pre-funding …
Can a testamentary trust pay fines or legal penalties on behalf of beneficiaries?
A testamentary trust, established through a will and taking effect after death, offers a structured way to manage assets for …
How do I choose a trustee for a testamentary trust?
Selecting a trustee for a testamentary trust is one of the most crucial decisions in estate planning, as this individual …
Can a charitable remainder trust pay income to my grandchildren?
A charitable remainder trust (CRT) is a powerful estate planning tool that allows you to donate assets to charity while …
How does an irrevocable trust differ from a revocable trust?
The core distinction between an irrevocable trust and a revocable trust lies in the grantor’s control and ability to modify …
Can I allow the trustee to convert assets within the trust to cash?
The ability of a trustee to convert assets within a trust to cash is a frequently asked question, and the …
Can a testamentary trust pay fines or legal penalties on behalf of beneficiaries?
Testamentary trusts, established through a will and taking effect after death, offer a powerful mechanism for managing assets and providing …
How do I choose a trustee for a testamentary trust?
Selecting a trustee for a testamentary trust is a critical decision, as this individual will be responsible for managing assets …
Can a charitable remainder trust pay income to my grandchildren?
A charitable remainder trust (CRT) is a powerful estate planning tool that allows you to donate assets to charity while …