Can I require beneficiaries to maintain family traditions?
The desire to preserve family legacies extends beyond financial assets; many wish to see cherished traditions continue for generations, but …
Can a testamentary trust support charitable causes?
Yes, a testamentary trust can absolutely be designed to support charitable causes, offering a flexible and impactful way to leave …
Can a special needs trust help fund solar charging for wheelchairs or scooters?
Absolutely, a special needs trust can be strategically utilized to fund assistive technologies like solar charging systems for wheelchairs or …
Can I allocate assets unevenly among children?
Absolutely, you can allocate assets unevenly among your children, and it’s more common than many people realize; while equal distribution …
Can I include a spendthrift clause in a testamentary trust?
Yes, you absolutely can include a spendthrift clause in a testamentary trust, and in many cases, it’s a very wise …
Can I use estate planning to structure future incentive programs for heirs?
Absolutely, estate planning offers powerful tools to not only distribute assets but also to incentivize desired behaviors in your heirs, …
Can I use the bypass trust to ensure support for future grandchildren?
The bypass trust, also known as a “B” trust or generation-skipping trust, is a powerful estate planning tool that can …
Can I provide financial relief for caretakers of special-needs family members?
The question of providing financial relief to family members who dedicate their lives to caring for loved ones with special …
Can I set incentives for homeownership over renting?
The question of incentivizing homeownership versus renting is complex, deeply rooted in personal financial goals, economic factors, and legal considerations, …
Can a trust pay for environmentally friendly housing materials?
Absolutely, a trust can be structured to pay for environmentally friendly housing materials, offering a powerful tool for individuals seeking …