Can the trustee distribute only a portion of interest income?
Yes, a trustee can absolutely distribute only a portion of the interest income generated by trust assets, and it’s a …
Point Loma Estate Planning Law
Can a testamentary trust support temporary financial hardship needs?
A testamentary trust, established through a will and taking effect after death, can indeed be structured to address temporary financial …
What assets can go into a testamentary trust?
A testamentary trust, established within a will, offers a flexible way to manage and distribute assets after one’s passing, but …
Can I appoint a healthcare proxy without a power of attorney?
The ability to appoint a healthcare proxy and a durable power of attorney are often discussed together, leading to confusion, …
Who manages a testamentary trust after my death?
A testamentary trust, established within your will, comes into effect *after* your passing, creating a need for a designated manager …
Can a trust distribute funds only for health and wellness?
The question of whether a trust can be structured to distribute funds *solely* for health and wellness is a common …
Can a trust delay inheritance if beneficiaries are in bankruptcy?
The question of whether a trust can delay inheritance to beneficiaries involved in bankruptcy is a complex one, deeply rooted …
Can a trust cover the beneficiary’s attendance at professional conferences?
The question of whether a trust can cover a beneficiary’s attendance at professional conferences is a common one, and the …
Can a trust contain clauses about supporting elder family members’ housing?
The question of whether a trust can contain clauses about supporting elder family members’ housing is a common one, particularly …
Can a trust be used to transition the beneficiary to semi-independent living?
The question of whether a trust can facilitate a beneficiary’s transition to semi-independent living is a common one, especially for …