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 …
Can the trust establish a peer review system among beneficiaries for financial decisions?
Establishing a peer review system among beneficiaries for financial decisions within a trust is a fascinating concept, offering a unique …
Do I need a separate tax ID for the trust?
Establishing a trust is a pivotal step in comprehensive estate planning, but it often raises questions about the tax implications …
Can a testamentary trust distribute real property to more than one person?
Yes, a testamentary trust can absolutely distribute real property to more than one person, and it’s a common estate planning …
Can I fund open-source legacy projects with estate funds?
The idea of leaving a lasting impact beyond one’s lifetime is a powerful motivator, and increasingly, individuals are considering leaving …
Can a CRT allow the donor to review grantmaking before termination?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools, but the level of donor control over grantmaking, particularly *before* trust …