Can the trust contribute to an ABLE account?
ABLE accounts, or Achieving a Better Life Experience accounts, are tax-advantaged savings accounts for individuals with disabilities. These accounts allow …
Point Loma Estate Planning Law
Can a bypass trust distribute income to multiple generations?
The short answer is yes, a bypass trust, also known as a generation-skipping trust, is specifically designed to distribute assets …
Can a testamentary trust fund insurance coverage for heirs?
A testamentary trust, established through a will, can indeed hold life insurance policies for the benefit of heirs, though the …
Can a CRT serve as a hedge against estate tax reform?
The question of whether a Charitable Remainder Trust (CRT) can effectively serve as a hedge against estate tax reform is …
Can the trust disallow purchases over a certain dollar amount without prior approval?
Absolutely, a trust can – and often should – disallow purchases over a certain dollar amount without prior approval, providing …
Can I fund a CRT with a vacation home that will be sold after my death?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets to charity while retaining income for …
Can I fund a charitable remainder trust with a business interest?
The question of whether you can fund a charitable remainder trust (CRT) with a business interest is a common one …
Can I fund a beneficiary’s immigration or citizenship expenses?
The question of whether a grantor of a trust can fund a beneficiary’s immigration or citizenship expenses is a surprisingly …
Can I exclude trust funds from being used in child custody disputes?
The question of whether trust funds can be excluded from child custody disputes is a complex one, deeply rooted in …
Can I exclude individuals based on relationship status?
The question of whether you can exclude individuals from a trust based on their relationship status – specifically, whether being …