Can I require trustee training before assuming the role?
Taking on the responsibility of a trustee is a significant undertaking, demanding not just integrity but a thorough understanding of …
Can I ensure my estate avoids litigation?
Estate litigation, while not inevitable, is a significant concern for many individuals planning their final affairs; approximately 30-50% of estates …
Can a trust direct ownership transition of business entities?
Absolutely, a trust can be a powerful tool for directing the ownership transition of business entities, offering a structured and …
Can I support home accessibility renovations through my estate?
Absolutely, you can strategically plan to support home accessibility renovations through your estate, ensuring future generations, or even yourself during …
What rules govern loans from a testamentary trust to beneficiaries?
Testamentary trusts, established through a will and becoming effective after death, can offer beneficiaries both income and access to capital, …
Can I authorize annual trust performance evaluations?
Establishing a trust is a significant step in estate planning, but it’s not a “set it and forget it” situation; …
Can I ensure my estate avoids litigation?
The question of whether an estate can *completely* avoid litigation is complex, as legal challenges can arise from numerous unexpected …
Can I designate that excess income from the trust be reinvested?
Trusts are powerful tools in estate planning, allowing individuals to manage assets and distribute them according to their wishes, but …
Can the trust limit access to certain classes of assets?
Absolutely, a trust can be meticulously crafted to limit access to specific classes of assets, offering a granular level of …
Can I assign weighted voting to beneficiaries based on age?
The idea of assigning weighted voting to beneficiaries based on age within a trust is a fascinating one, often surfacing …