Can the trust create a fund specifically for environmental justice initiatives?
Absolutely, a trust can be meticulously crafted to establish a fund specifically dedicated to environmental justice initiatives, allowing future generations …
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Can a trust pay for marriage counseling?
The question of whether a trust can pay for marriage counseling is surprisingly complex, hinging on the specific terms of …
How is capital gains tax handled in an irrevocable trust?
Irrevocable trusts, while powerful estate planning tools, present unique challenges when it comes to capital gains tax. The treatment of …
Can the court override the terms of a testamentary trust?
Testamentary trusts, created within a last will and testament, are generally respected by the courts, but this respect isn’t absolute; …
Can a special needs trust subsidize certification exam costs?
The question of whether a special needs trust can subsidize certification exam costs is a common one for families seeking …
Can I require trustees to follow a mission-aligned investment policy?
The question of whether you can require trustees to adhere to a mission-aligned investment policy is increasingly relevant, as more …
Can I set aside funds for annual family reunions?
Planning for cherished family traditions like annual reunions requires foresight, and a little financial planning can ensure these gatherings continue …
Can a living trust help avoid court disputes?
A living trust is a powerful estate planning tool designed to manage assets during your lifetime and distribute them after …
Can the bypass trust convert to a different type of trust if tax laws change?
The bypass trust, also known as a credit shelter trust, was a popular estate planning tool designed to utilize the …
Can a CRT include an annual environmental impact statement from the charity?
Charitable Remainder Trusts (CRTs) are powerful estate planning tools, allowing individuals to donate assets to a charity while retaining an …