Who can explain community property rules?
The phone rang, jarring me from my afternoon slump. It was Susan, frantic and on the verge of tears. “Steve, …
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Can I require that environmental sustainability scores be maintained for trust assets?
The concept of incorporating Environmental, Social, and Governance (ESG) factors, and specifically environmental sustainability scores, into trust agreements is a …
Can I require that a family representative co-approve every major disbursement?
The question of whether you can require a family representative to co-approve major disbursements from a trust is a frequent …
Can I require social worker sign-off on large trust expenses?
The question of incorporating social worker oversight for large trust expenses, particularly those benefiting a vulnerable beneficiary, is gaining traction …
Can I require regular reevaluation of the beneficiary’s goals and progress?
Estate planning, particularly when involving trusts for beneficiaries, isn’t a static process; it’s a dynamic one. Many settlors – the …
Can I require quarterly beneficiary check-ins for updates?
Estate planning, particularly concerning trusts, isn’t a ‘set it and forget it’ endeavor. Life evolves, beneficiaries’ circumstances change, and initial …
Can I require public disclosure of how remainder funds are spent?
Establishing a charitable remainder trust (CRT) is a powerful estate planning tool, allowing individuals to donate assets, receive income during …
Can I require professional development from beneficiaries before distributions?
The idea of tying distributions from a trust to a beneficiary’s participation in professional development is gaining traction, particularly amongst …
Can I require financial literacy training before inheritance?
The question of whether you can require financial literacy training before an inheritance is gaining traction as wealth transfer accelerates—estimated …
Can I require family retreats or bonding activities in the trust?
The question of incorporating requirements for family retreats or bonding activities within a trust is becoming increasingly popular, particularly amongst …