Can I prevent beneficiaries from pledging trust assets as loan collateral?
The question of protecting trust assets from beneficiary creditors is a crucial one for many estate planners, and the answer, …
Can a person with a mental illness be a beneficiary of a special needs trust?
Yes, a person with a mental illness can absolutely be a beneficiary of a special needs trust, and in many …
How does an irrevocable trust affect my eligibility for financial aid?
Irrevocable trusts, while excellent tools for estate planning and asset protection, can present complexities when it comes to applying for …
What are the tax filing requirements for a revocable trust?
A revocable trust, also known as a living trust, is a popular estate planning tool, but understanding its tax implications …
Can the bypass trust hold interests in private equity funds?
The question of whether a bypass trust, also known as a “B” trust, can hold interests in private equity funds …
Can a court access assets in an irrevocable trust?
Irrevocable trusts are often established with the intention of shielding assets from creditors, lawsuits, and even potential access by courts. …
Can a special needs trust fund social media training or tools?
Absolutely, a special needs trust (SNT) can, and in many cases *should*, fund social media training or tools, provided it …
Can a special needs trust own a car?
Yes, a special needs trust can indeed own a car, but it requires careful consideration and adherence to specific rules …
Can a special needs trust pay for participation in virtual retreats?
The question of whether a special needs trust (SNT) can pay for participation in virtual retreats is a common one, …
Can I make legacy projects part of the inheritance process?
The idea of passing down something more meaningful than just financial assets is becoming increasingly popular, and yes, legacy projects—those …