Can a special needs trust offer funds for executive skill coaching?
Navigating the financial and logistical aspects of caring for a loved one with special needs is complex, and a crucial …
Can a special needs trust pay for housing?
Yes, a special needs trust (SNT) can absolutely pay for housing, but the rules are nuanced and require careful planning …
Can I set an annual cap on administrative costs within the trust?
Establishing a trust is a powerful tool for managing and distributing assets, but it’s natural to wonder about the ongoing …
Can I prohibit funding for non-essential cosmetic procedures?
The question of whether you can prohibit funding for non-essential cosmetic procedures within a trust, or as part of your …
Can the trust support enrollment in a mentoring program?
Establishing a trust is often seen as a purely financial endeavor, focused on asset protection and distribution after one’s passing, …
Can I coordinate my bypass trust with other heirs’ trusts for long-term strategy?
The coordination of a bypass trust – also known as a credit shelter trust or an AB trust – with …
Can the trust prohibit asset distribution for gambling-related debts?
The question of whether a trust can prohibit asset distribution for gambling-related debts is a complex one, deeply rooted in …
Can I assign a chief education officer for the trust?
The question of designating a “chief education officer” for a trust, while not a traditional role, speaks to a growing …
Can the trust pay for citizenship or immigration legal fees for a beneficiary?
Navigating the complexities of estate planning often extends beyond simply distributing assets after one’s passing; it frequently involves considerations for …
Can I use a testamentary trust for a child with disabilities?
A testamentary trust, created within a will, can absolutely be a powerful tool for providing long-term care and financial security …