Can a testamentary trust own partnership interests?
Yes, a testamentary trust can absolutely own partnership interests, though it requires careful planning and adherence to both trust law …
Can a special needs trust fund professional organizational memberships?
The question of whether a special needs trust (SNT) can fund professional organizational memberships is a nuanced one, deeply rooted …
Where should I store trust documents?
The question of where to securely store trust documents is paramount for any estate plan, as these papers represent the …
Can I fund educational sabbaticals for heirs meeting certain conditions?
The question of providing for the continued education, or even “educational sabbaticals,” for heirs is a frequently discussed topic in …
Can I require the trustee to work with a family council?
Establishing a family council alongside a trust can be a remarkably effective way to foster communication, transparency, and ultimately, the …
Can estate planning reduce my family’s tax burden?
Estate planning is often viewed as simply preparing for the distribution of assets after one’s passing, however, a well-structured estate …
Can estate planning include plans for foster children?
Estate planning is often thought of as a process solely for biological and legally adopted children, but this isn’t entirely …
Can estate planning help prepare for future business liabilities?
Estate planning is often perceived as solely focused on the distribution of assets after death, but its scope extends far …
Can estate planning help me leave behind a family mission or purpose?
Estate planning is often viewed solely through the lens of financial and property distribution, but its potential extends far beyond …
Can estate planning ensure continuity for a vacation home?
The allure of a vacation home—a place for family gatherings, peaceful retreats, and cherished memories—is strong. However, the dream can …