Can an irrevocable trust hold life insurance?
Yes, an irrevocable trust can absolutely hold life insurance policies, and often does so for significant estate planning benefits. This …
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Can I require beneficiaries to attend estate planning meetings?
The question of compelling beneficiaries to participate in estate planning meetings is a delicate one, fraught with legal and interpersonal …
Can I prohibit use of trust funds for political lobbying?
The question of whether you can prohibit the use of trust funds for political lobbying is a common one, and …
Can a special needs trust pay for caregiver CPR certification?
Navigating the financial aspects of caring for a loved one with special needs often presents unique challenges, and understanding what …
Can testamentary trusts pay performance bonuses to trustees?
Testamentary trusts, established through a will after someone’s passing, are powerful tools for managing and distributing assets according to the …
Can I use a CRT to provide income for an ex-spouse?
Certainly, a Charitable Remainder Trust (CRT) can be strategically employed to provide income to an ex-spouse as part of a …
Are testamentary trusts suitable for international estate plans?
Testamentary trusts, created through a will, present unique considerations when integrated into international estate plans, demanding careful navigation of differing …
Can I require that environmental sustainability scores be maintained for trust assets?
The concept of integrating Environmental, Social, and Governance (ESG) factors, including environmental sustainability scores, into trust management is gaining traction, …
Can a CRT help reduce state income taxes?
A Charitable Remainder Trust (CRT) can indeed be a powerful tool for reducing state income taxes, while simultaneously supporting the …
Can a special needs trust provide funds for freelance contract negotiation help?
Absolutely, a special needs trust can, and often *should*, provide funds for freelance contract negotiation help, especially when the beneficiary …