Can I prohibit trust assets from being pledged as collateral?
Absolutely, you can, and often should, prohibit the pledging of trust assets as collateral, and this is a crucial consideration …
Can a testamentary trust own precious metals or collectibles?
Yes, a testamentary trust absolutely can own precious metals or collectibles, offering a versatile tool for estate planning beyond traditional …
Can others contribute to an already existing special needs trust?
Yes, absolutely, others can contribute to an already existing special needs trust, and it’s a fairly common practice, though there …
Can a special needs trust fund adaptive sports or fitness programs?
Absolutely, a special needs trust can, and often *should*, fund adaptive sports or fitness programs, enhancing the quality of life …
Can I use a CRT to provide income to a nonprofit organization temporarily?
Charitable Remainder Trusts (CRTs) are sophisticated estate planning tools that can indeed be structured to provide income to a nonprofit …
What’s the biggest benefit of avoiding probate with a trust?
Avoiding probate with a trust offers a multitude of benefits, but perhaps the most significant is the preservation of your …
Can I provide stipends for creative or artistic pursuits?
Providing financial support to loved ones for creative or artistic endeavors is a generous act, but it requires careful planning …
Can I embed AI or smart contracts to manage trust distributions?
The integration of artificial intelligence (AI) and smart contracts into trust and estate planning, specifically for managing distributions, is a …
Can a special needs trust fund adaptive sports or fitness programs?
Absolutely, a special needs trust can indeed fund adaptive sports or fitness programs, and doing so is often highly encouraged …
Can I use a CRT to provide income to a nonprofit organization temporarily?
Charitable Remainder Trusts (CRTs) are sophisticated estate planning tools that can offer significant tax benefits while supporting charitable organizations, but …