Can a marital trust be created through a will, or does it require a separate trust document?
The creation of a marital trust, a crucial estate planning tool for married couples, often sparks questions about the necessary …
Can I restrict foreign travel funding during pandemics or emergencies?
The ability to restrict foreign travel funding during pandemics or emergencies is a complex legal and practical question, heavily dependent …
Can the trust subsidize non-clinical holistic treatments?
The question of whether a trust can subsidize non-clinical holistic treatments is multifaceted, heavily dependent on the trust’s specific language, …
Can the trust hold title to jointly owned properties with beneficiaries?
Yes, a trust can absolutely hold title to jointly owned properties with beneficiaries, and it’s a common and effective estate …
Can a bypass trust be structured to avoid foreign reporting requirements?
The question of structuring a bypass trust to circumvent foreign reporting requirements is complex and requires careful consideration of U.S. …
Can the trust provide allowances for self-care and hygiene subscriptions?
Yes, a properly drafted trust can absolutely provide allowances for self-care and hygiene subscriptions, offering a unique way to support …
Is a trust better than joint tenancy for real estate?
The question of whether a trust or joint tenancy is better for holding real estate is a common one for …
Are there tax benefits to using a testamentary trust?
Testamentary trusts, established within a will and taking effect after death, offer a unique set of potential tax benefits, though …
Can the trust continue if one beneficiary passes away?
Yes, the continuation of a trust after the passing of a beneficiary is a common concern and the answer is …
Are testamentary trusts appropriate for young adult beneficiaries?
Testamentary trusts, established through a will and coming into effect after death, can be surprisingly beneficial for young adult beneficiaries, …