Can a bypass trust benefit a child’s guardian in the event of both parents’ deaths?
The unfortunate reality is that approximately 1% of children in the United States are orphaned before the age of 18, …
Can I use the trust to encourage independent decision-making?
Establishing a trust isn’t merely about asset protection; it’s a powerful tool to foster growth and responsibility, particularly when dealing …
Can the trust prohibit asset distribution for gambling-related debts?
Absolutely, a trust can be specifically drafted to prohibit the distribution of assets to cover gambling-related debts, offering a powerful …
Can I assign a chief education officer for the trust?
The question of appointing a “chief education officer” for a trust, while not a traditional role, speaks to a desire …
Can the trust pay for citizenship or immigration legal fees for a beneficiary?
The question of whether a trust can cover citizenship or immigration legal fees for a beneficiary is a common one, …
Can I limit access to funds if a beneficiary fails to meet tax obligations?
The question of controlling fund access based on a beneficiary’s tax compliance is a common concern for those establishing trusts, …
Can the trust be required to support open-access educational materials?
The question of whether a trust can be required to support open-access educational materials is increasingly relevant as philanthropic interests …
Can a special needs trust pay for housing?
The question of whether a special needs trust can pay for housing is a frequent one for families caring for …
Can I prohibit gambling-related business investments in the trust?
Absolutely, you can and often should, proactively prohibit gambling-related business investments within a trust, allowing for ethical alignment with your …
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 …