Can a testamentary trust fund cooperative ventures between heirs?
A testamentary trust, established through a will and taking effect after death, can indeed fund cooperative ventures between heirs, though …
Can I require a trustee succession plan?
Planning for the future often involves anticipating changes and preparing for the unexpected, and this is especially true when it …
Can a testamentary trust serve as a long-term financial safety net?
A testamentary trust, established within a last will and testament, absolutely can function as a robust, long-term financial safety net, …
Can I require a trustee succession plan?
Absolutely, proactively planning for trustee succession is a crucial, yet often overlooked, aspect of effective estate planning, ensuring a smooth …
Can I provide lifetime income through a testamentary trust?
Yes, a testamentary trust can absolutely be structured to provide lifetime income to a beneficiary, offering a powerful tool for …
Can a bypass trust make loans instead of outright distributions?
The question of whether a bypass trust—also known as a credit shelter trust—can make loans instead of outright distributions is …
Can I fund a testamentary trust with life insurance?
Yes, you absolutely can fund a testamentary trust with life insurance, and it’s a surprisingly common and effective estate planning …
Can I provide lifetime income through a testamentary trust?
Testamentary trusts, established through a will, offer a powerful mechanism for providing for loved ones even after your passing, and …
Can a CRT fund the development of low-income housing?
Charitable Remainder Trusts (CRTs) can indeed be powerful tools for funding the development of low-income housing, offering a unique blend …
Can I designate part of the trust income for charitable donations?
Yes, absolutely, designating part of the trust income for charitable donations is a common and beneficial practice within estate planning, …