Can a QTIP Trust Avoid Probate in All States Where Assets Are Held?
Qualified Transfer Interest Property (QTIP) trusts are a powerful estate planning tool often employed by high-net-worth individuals and families seeking …
Can I use a testamentary trust for grandchildren?
A testamentary trust, created within a will, is a powerful tool for providing for future generations, particularly grandchildren, offering continued …
Can I prevent inherited funds from being used to purchase luxury items?
The question of controlling how inherited funds are used is a common concern for estate planning, and while complete control …
Can I support ecosystem preservation through estate conditions?
Yes, you absolutely can support ecosystem preservation through estate conditions, utilizing the tools of estate planning to extend your commitment …
Can I tie distributions to intergenerational mentoring?
The question of linking financial distributions from a trust or estate plan to intergenerational mentoring is gaining traction as families …
Can I restrict the trust from making certain types of investments?
Yes, you absolutely can restrict the types of investments a trust makes, and it’s a crucial element of thoughtful estate …
Can a testamentary trust be the beneficiary of a 401(k)?
Yes, a testamentary trust can absolutely be named as the beneficiary of a 401(k), though it requires careful planning and …
Can a CRT qualify for a step-up in basis on death?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools, but their tax treatment upon the grantor’s death can be complex, …
Can a special needs trust cover ergonomic work tools for remote jobs?
Navigating the complexities of special needs trusts can be daunting, especially when considering expenses related to remote work and necessary …
Can I use a testamentary trust to delay inheritance to later generations?
A testamentary trust, created within a will, is a powerful tool for delaying inheritance and providing long-term asset management for …