Can a trust incentivize care of aging family members?
The question of whether a trust can incentivize care for aging family members is increasingly relevant as demographics shift and …
What are the reporting requirements for high-value trusts?
High-value trusts, generally those exceeding $5 million in assets, face increasingly complex reporting requirements designed to ensure tax compliance and …
Can I specify that trust distributions be in a specific currency?
The question of specifying currency for trust distributions is a common one, particularly in our increasingly globalized world, and the …
Can I require collaboration among beneficiaries for large distributions?
Yes, you can absolutely require collaboration among beneficiaries for large distributions from a trust, and it’s a surprisingly common and …
Can I reward entrepreneurial activity through trust incentives?
The question of incentivizing entrepreneurial spirit within a trust framework is gaining traction as families seek to foster innovation and …
What records should I keep for a trust?
Establishing a trust is a significant step in estate planning, but the work doesn’t end there; meticulous record-keeping is crucial …
How are digital-only assets like cloud subscriptions handled in a testamentary trust?
The increasing prevalence of digital-only assets—everything from streaming service subscriptions and cryptocurrency to online gaming accounts and social media profiles—presents …
Can a testamentary trust provide startup capital for businesses?
A testamentary trust, established through a will and taking effect after death, can indeed provide startup capital for businesses, though …
Can I include my digital legacy in the testamentary trust?
The question of incorporating a digital legacy into a testamentary trust is becoming increasingly relevant in our modern, interconnected world; …
Where can I go for a corrective solution with a new estate planning attorney near me
The old clock on the mantel ticked, each second resonating like a hammer blow in Sarah’s chest. The phone slipped …