Can the trust pay for estate planning services for each heir?
Yes, a trust can absolutely pay for estate planning services for each heir, but it’s a nuanced area with specific …
Point Loma Estate Planning Law
What is a dynasty trust?
A dynasty trust, also known as a generational wealth trust, is an irrevocable trust designed to last for multiple generations, …
Can a special needs trust include funding for collaborative family care meetings?
Absolutely, a special needs trust can, and often should, include funding for collaborative family care meetings, recognizing that holistic, coordinated …
Can a trust specify how disputes are mediated?
Yes, a trust can absolutely specify how disputes are mediated, and in fact, proactive inclusion of mediation clauses is a …
Can I include a clause that allows for beneficiary input in asset decisions?
The question of allowing beneficiary input into asset decisions within a trust is increasingly common, reflecting a desire for greater …
Can I tie CRT distributions to a fixed timeline like every five years?
Credit Shelter Trusts, or CRT’s, are powerful estate planning tools designed to utilize the federal estate tax exemption while providing …
Can I tie access to funds to marital counseling before a second marriage?
The question of whether you can tie access to funds to marital counseling before a second marriage is complex, delving …
Can I support beneficiaries with disabilities beyond basic needs?
Planning for beneficiaries with disabilities requires a nuanced approach that extends far beyond simply covering their fundamental necessities. While ensuring …
Can I structure the trust to offer a beneficiary stipend for public service?
The question of incentivizing public service through trust structures is gaining traction as individuals increasingly seek to align their wealth …
Can I structure my estate to support both public and private educational institutions?
The question of dividing estate support between public and private educational institutions is a common one, particularly among philanthropically inclined …