What happens if a trustee refuses the role?
The selection of a trustee is a pivotal decision in estate planning, ensuring assets are managed according to the grantor’s …
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Can the trust pay for roommate costs or shared living expenses?
Navigating the financial aspects of a trust, especially when it comes to everyday living expenses like those incurred with roommates …
Can I use a trust to fund community development projects?
Absolutely, a trust can be a remarkably effective vehicle for funding community development projects, offering both flexibility and long-term sustainability …
Can estate planning include tax-advantaged gifting strategies?
Yes, estate planning absolutely can, and often *should*, include tax-advantaged gifting strategies as a core component of a comprehensive plan; …
Can a trust support relocation expenses for accessible housing?
The question of whether a trust can support relocation expenses for accessible housing is a common one, particularly as the …
Can I name a rotating board of advisors to review the CRT’s social impact?
Establishing a charitable remainder trust (CRT) involves more than just financial planning; it also carries the responsibility of ensuring the …
Should I use a warranty deed or a quitclaim deed for my trust?
The choice between a warranty deed and a quitclaim deed when transferring property into a trust is a common question …
Can I require an independent panel to approve principal distributions over a limit?
Absolutely, establishing an independent panel to oversee principal distributions exceeding a predetermined threshold is a prudent and increasingly common practice …
Can a testamentary trust reimburse for health insurance premiums?
Testamentary trusts, created through a will and taking effect after death, offer a flexible tool for managing assets and providing …
Can I include a no-contest clause in a testamentary trust?
A no-contest clause, also known as an *in terrorem* clause, is a provision within a testamentary trust (or will) that …