Can a special needs trust be set up to expire if the beneficiary reaches certain goals?
The concept of a special needs trust (SNT) is rooted in providing long-term care and support for individuals with disabilities …
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Can the trustee hire professionals to manage trust assets?
Absolutely, a trustee not only *can* hire professionals to manage trust assets, but often has a fiduciary duty to do …
Can the trust pay for estate planning fees for future generations?
This is a frequently asked question, and the answer is generally yes, with careful planning and specific language within the …
Can I link disbursements to benchmarks in career growth or entrepreneurship?
The strategic allocation of financial resources, or disbursements, is intrinsically tied to achieving milestones in both career advancement and entrepreneurial …
Can a CRT reduce taxes when selling concentrated stock positions?
Charitable Remainder Trusts (CRTs) can be a powerful tool for individuals looking to sell highly appreciated stock positions, like those …
Can a trust adjust for changing tax brackets of the beneficiary?
The ability of a trust to adjust for changing tax brackets of the beneficiary is a complex issue, heavily dependent …
Can I add a clause allowing financial penalties for misuse of distributions?
Navigating the complexities of trust creation and administration requires careful consideration of potential scenarios, including safeguarding distributions from inappropriate use; …
Can I assign estate performance bonuses to family advisors?
The question of compensating family advisors with performance bonuses tied to estate outcomes is a complex one, requiring careful consideration …
Can the trust be funded with savings bonds or treasury securities?
Yes, a trust can absolutely be funded with savings bonds or treasury securities, though careful consideration and proper procedures are …
Who should have copies of my trust?
Determining who receives copies of your trust is a crucial step in estate planning, balancing transparency with maintaining control and …