What fiduciary duties apply to co-trustees of a testamentary trust?
Co-trustees of a testamentary trust, established through a will and taking effect after death, are held to extremely high standards …
Can a testamentary trust protect against creditors?
A testamentary trust, established through a will and taking effect after death, offers a nuanced approach to asset protection, but …
Can a bypass trust make distributions for health, education, maintenance, or support?
A bypass trust, also known as a credit shelter trust, is a powerful estate planning tool designed to utilize the …
Can a trust require proof of residence?
Yes, a trust can absolutely require proof of residence, though it’s not a standard, automatically included provision in every trust …
Can a testamentary trust help preserve family business continuity?
A testamentary trust, established within a will and taking effect after death, can indeed be a powerful tool for preserving …
Can I name a corporate fiduciary to co-manage the trust?
The question of whether you can name a corporate fiduciary to co-manage a trust is a common one, and the …
Can I include trust distribution conditions related to global events?
The question of whether you can include trust distribution conditions related to global events is increasingly relevant in our interconnected …
How do I add a new child or grandchild to the trust?
Adding a new child or grandchild to an existing trust is a common request, and while seemingly straightforward, requires careful …
Can my trust become two or more trusts when I die?
Yes, your trust can absolutely become multiple trusts after your passing, a process known as trust division or splitting. This …
Can I add a charitable lead trust after my CRT ends?
The question of layering charitable trusts, specifically adding a charitable lead trust (CLT) after a Charitable Remainder Trust (CRT) concludes, …