Can a CRT be funded by multiple people with proportional payouts?
Community Property Trusts (CRTs), while often associated with married couples, *can* indeed be funded by multiple people with provisions for …
admin
Can a CRT be terminated early by agreement of all parties?
Community Property Trusts (CRTs), while designed for long-term asset management and distribution after death, aren’t entirely inflexible; they *can* be …
Can testamentary trusts support vocational training programs?
Testamentary trusts, established through a will and taking effect after death, offer a flexible avenue for providing long-term support, and …
Can the trust hold ownership of a family vacation home?
Yes, a trust can absolutely hold ownership of a family vacation home, and in many estate planning scenarios, it’s a …
Can I set asset thresholds for triggering principal distributions?
Yes, you absolutely can set asset thresholds for triggering principal distributions within a trust, and it’s a surprisingly common and …
Can I stipulate that heirs must undergo mental health evaluations before accessing funds?
The question of whether you can stipulate that heirs must undergo mental health evaluations before accessing funds within a trust …
Can a testamentary trust require verification of volunteer service hours?
Yes, a testamentary trust absolutely can require verification of volunteer service hours, and it’s becoming an increasingly popular, though nuanced, …
How are trust distributions reported to benefit agencies?
Reporting trust distributions to benefit agencies, such as Social Security Administration (SSA), Medicare, and Medicaid, is a crucial aspect of …
Can a trust support installation of visual alerting systems at home?
Yes, a trust can absolutely support the installation of visual alerting systems at home, and often should, particularly when planning …
Can I prohibit trust assets from being pledged as collateral?
The question of whether you can prohibit trust assets from being pledged as collateral is a crucial one for anyone …