Can a bypass trust own and operate a family retreat property?
The question of whether a bypass trust – also known as a credit shelter trust or a B trust – …
Can the trust be used to provide grants to family nonprofit startups?
Absolutely, a properly structured trust can be a powerful tool for providing grants to family nonprofit startups, but it requires …
Can I name multiple beneficiaries to a single asset?
Yes, you absolutely can name multiple beneficiaries to a single asset, and it’s a common estate planning strategy employed by …
Can the trust be used to help the beneficiary with volunteering costs?
Absolutely, a properly structured trust can indeed be utilized to help a beneficiary with costs associated with volunteering, but it …
Can I direct the trust to maintain ownership of certain legacy assets?
Yes, you absolutely can direct a trust to maintain ownership of certain legacy assets, and this is a common and …
Can I create rotating beneficiary roles for certain assets?
The idea of rotating beneficiary roles, while not a standard feature of most trusts, is absolutely something that can be …
What is the Medicaid five-year look-back period?
The Medicaid five-year look-back period is a crucial component of determining eligibility for Medicaid long-term care benefits, and understanding it …
Can I serve as trustee of my spouse’s bypass trust?
The question of whether you can serve as trustee of your spouse’s bypass trust, formally known as a credit shelter …
Can a special needs trust offer co-living stipends for shared accessibility services?
The question of whether a special needs trust can offer co-living stipends for shared accessibility services is becoming increasingly relevant …
Can a special needs trust fund collaborative art projects with other individuals with disabilities?
Absolutely, a special needs trust can fund collaborative art projects involving individuals with disabilities, provided it aligns with the trust’s …