What’s a charitable lead trust?
A charitable lead trust (CLT) is an irrevocable trust designed to benefit a charity first, with any remaining assets eventually …
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Can I direct how remaining assets are distributed after the trust ends?
Absolutely, you can direct how remaining assets are distributed after the trust ends, and this is a crucial aspect of …
Can a bypass trust be amended or revoked?
A bypass trust, also known as a credit shelter trust, is a powerful estate planning tool designed to take advantage …
Can the trust require cultural competency training for trustees?
The modern estate planning landscape is evolving, and with it, the expectations placed on trustees. While traditionally focused on financial …
Can I set aside a fund for beneficiaries to collaborate on social impact campaigns?
The idea of dedicating estate planning funds to facilitate collaborative social impact campaigns amongst beneficiaries is innovative and increasingly popular, …
Can a special needs trust fund social media training or tools?
Absolutely, a special needs trust can, and in many cases *should*, fund social media training or tools, but with careful …
Can I exclude certain heirs from bypass trust benefits?
The question of whether you can exclude specific heirs from benefiting from a bypass trust—also known as a credit shelter …
Can a bypass trust include biometric security for accessing trust documentation?
The integration of biometric security into access controls for trust documentation within a bypass trust is a rapidly evolving area, …
Can the trust include a reserve fund for beneficiary emergencies?
Absolutely, a trust can—and often should—include a reserve fund for beneficiary emergencies, providing a crucial safety net for unexpected life …
Can the trust require all distributions be approved by a family advisor?
Absolutely, a trust can absolutely require all distributions to be approved by a designated family advisor, and in many cases, …