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 …
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 Pay for Therapy or Rehab?
The question of whether a trust can cover the costs of therapy or rehabilitation is a common one, particularly as …
Can a Trust Pay for Moving Expenses to Accessible Housing?
The question of whether a trust can cover moving expenses for accessible housing is multifaceted, dependent on the trust’s specific …
Can a trust pay for ergonomic workstations at home or school?
The question of whether a trust can fund ergonomic workstations for a beneficiary, whether at home or school, is multifaceted …
Can a trust own shares in a private company?
The question of whether a trust can own shares in a private company is a common one for estate planning …
Can a Trust Own Co-op Property?
The question of whether a trust can own co-op property is surprisingly complex, often requiring careful navigation of both trust …