Inheritance Tax and Probate: Insights from a San Diego Probate Attorney
Inheritance tax is a subject that many individuals and families need to familiarize themselves with. As with many legal matters, …
Can I specify how trust-owned property is to be maintained?
Establishing a trust is a significant step in estate planning, allowing for the management and distribution of assets according to …
Can the CRT be designed for phased income beneficiary transitions?
Certainly, a Charitable Remainder Trust (CRT) can absolutely be designed for phased income beneficiary transitions, offering a flexible and strategic …
Can a testamentary trust be used in high net worth estate planning?
Testamentary trusts, created within a will and coming into effect upon death, are indeed a valuable tool in high-net-worth estate …
Can I require trustee rotation every five years?
The question of whether you can require trustee rotation every five years is complex, rooted in both the specifics of …
Can the trust allocate funds for collaborative family business projects?
Absolutely, a thoughtfully drafted trust can absolutely allocate funds for collaborative family business projects, providing a structured and legally sound …
Can I limit what types of assets the trust can invest in?
Absolutely, you can and often should, limit the types of assets a trust can invest in, offering a layer of …
Is a living trust suitable for single individuals?
For a single individual, the question of whether a living trust is suitable often arises from a desire for control …
Can I mandate equalization clauses for lifetime gifts?
The question of whether you can mandate equalization clauses for lifetime gifts is complex, heavily dependent on state law, and …
What happens if a trust becomes insolvent?
Trust insolvency, while not a frequent occurrence, presents a complex situation requiring careful navigation under California law. It arises when …
Can the trust support development of family-focused mental health resources?
The question of whether a trust can support the development of family-focused mental health resources is a complex one, deeply …