Can I create multiple layers of trustees with different responsibilities?
The concept of layering trustees, establishing a hierarchy of responsibility within a trust, is indeed possible and can be a …
Can a trust fund repairs and renovations to inherited property?
Yes, a trust fund can absolutely be used for repairs and renovations to inherited property, but it’s not always a …
What is a generation-skipping trust?
A generation-skipping trust (GST) is an estate planning tool designed to transfer assets to grandchildren or more remote descendants, bypassing …
Can I freeze accounts if beneficiaries become incapacitated?
The question of whether you can freeze accounts if beneficiaries become incapacitated is a critical one for anyone managing a …
Can a special needs trust pay for a therapy swing or hammock?
The question of whether a special needs trust can cover the cost of items like therapy swings or hammocks is …
Can I prohibit cash withdrawals from the trust altogether?
The question of completely prohibiting cash withdrawals from a trust is a common one for clients of Steve Bliss, an …
Can the trust support housing in a cooperative living facility?
The question of whether a trust can support housing in a cooperative living facility is a common one, and the …
Can I give trustees flexibility to delay distributions during recessions?
Navigating estate planning involves anticipating future economic conditions, and a common concern is how to protect beneficiaries during downturns. Granting …
Can a trust support faith-based counseling services?
Establishing a trust to fund faith-based counseling services is a complex undertaking, but absolutely possible with careful planning and adherence …
What are the key benefits of establishing a trust?
The flickering candlelight cast long shadows across the worn oak desk, illuminating stacks of paperwork piled precariously high. Emma stared …