Can a trust pay for ergonomic workstations at home or school?
Trusts, often established for the benefit of individuals—especially those with special needs—can indeed be utilized to fund ergonomic workstations for …
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Can I establish a private fund for heirs’ future charitable interests?
Yes, establishing a private fund for heirs’ future charitable interests is absolutely possible, and increasingly popular as a method of …
Can a CRT be tied to the donor’s ESG investing preferences?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets to charity while receiving an income …
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, offering a crucial …
Can a trust be created for a couple but split later?
Yes, a trust can absolutely be created for a couple and later divided, though the process isn’t always simple and …
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, designed to enable …
Can I require transparency reports from business-owning beneficiaries?
As an estate planning attorney in Wildomar, I often encounter situations where beneficiaries of trusts own businesses, and the question …
Can a bypass trust offer career sabbatical grants?
A bypass trust, also known as a Grantor Retained Annuity Trust (GRAT), is a powerful estate planning tool designed to …
What is the difference between a living trust and a testamentary trust?
The core distinction between a living trust and a testamentary trust lies in when and how they are created and …
Can a bypass trust provide lifetime income to the spouse and then go to charity?
Yes, a bypass trust, also known as a marital trust or a QTIP trust (Qualified Terminable Interest Property Trust), is …