Can a CRT prohibit remainder use for endowment growth?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools allowing individuals to donate assets to charity while receiving an income …
Can a bypass trust include an inflation-adjustment clause for distributions?
Absolutely, a bypass trust, also known as a credit shelter trust or an A-B trust (though less common now due …
Can I include mental health support services as a trust benefit?
The question of incorporating mental health support services as a benefit within a trust is increasingly relevant, reflecting a broader …
Can I require that the trust be reviewed every 10 years for relevance?
Absolutely, incorporating a decennial review clause into your trust is not only permissible but often a remarkably prudent estate planning …
Can a bypass trust create joint ownership structures with charitable entities?
The creation of joint ownership structures between bypass trusts and charitable entities is a complex area of estate planning, requiring …
Can I include artwork in a charitable remainder trust?
Establishing a Charitable Remainder Trust (CRT) allows individuals to donate assets, including artwork, to a trust that provides income to …
Can I provide different inheritance shares to children from different marriages?
The question of whether you can provide different inheritance shares to children from different marriages is a common one, and …
Can a CRT participate in place-based philanthropy strategies?
Charitable Remainder Trusts (CRTs) are often thought of as vehicles for income and tax benefits for donors, but their potential …
Is a testamentary trust required to file its own tax return?
Yes, a testamentary trust is generally required to file its own tax return if it generates income exceeding certain thresholds, …
Can a special needs trust fund sensory therapy sessions?
Navigating the financial landscape for a loved one with special needs requires careful planning, and a crucial element of that …