Can I impose geographic restrictions on inherited property?
The question of whether you can impose geographic restrictions on inherited property is a nuanced one, deeply rooted in the …
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Can the trust pay for fiduciary liability insurance?
Yes, a trust can absolutely pay for fiduciary liability insurance, and often *should*, to protect the trustee from potential lawsuits …
Can a testamentary trust help avoid family disputes?
A testamentary trust, established within a will, offers a powerful tool for proactively addressing potential family conflicts that often arise …
Can the CRT income be distributed as a flat dollar amount instead of a percentage?
Charitable Remainder Trusts (CRTs) offer a powerful way to support charitable causes while providing income to the grantor or beneficiaries. …
Can I cap trustee compensation to a set percentage of trust income?
Determining trustee compensation is a frequent question in estate planning, and while seemingly straightforward, it’s governed by specific rules designed …
Can I use estate planning to designate who will close my social media accounts?
The digital realm has become inextricably linked with our lives, creating a new layer of assets and concerns for estate …
Can the income payments increase over time in a CRT?
A Charitable Remainder Trust (CRT) is a powerful estate planning tool allowing individuals to donate assets to charity while retaining …
Is a testamentary trust part of a will?
A testamentary trust isn’t technically *part* of a will in the same way a beneficiary designation is, but rather it’s …
Where can I find top-rated estate planning lawyer near me?
My friend Mark thought he had it all figured out. He was a successful entrepreneur, with a growing family and …
Can a testamentary trust work for small estates?
Yes, a testamentary trust can absolutely work for small estates, though its utility needs careful consideration versus simpler options; often, …