Can I provide for posthumous intellectual property royalties in my estate plan?
The question of whether one can provide for posthumous intellectual property (IP) royalties within an estate plan is complex, but …
admin
Can I create separate trusts for each of my children?
The question of whether you can create separate trusts for each of your children is a common one, and the …
Can I require conflict-of-interest disclosures from trustees?
Absolutely, requiring conflict-of-interest disclosures from trustees is not only permissible but a crucial component of responsible trust administration, ensuring the …
Can a trust own co-op property?
Yes, a trust can generally own co-op property, though it’s considerably more complex than owning a traditional single-family home or …
Can the trust pay for conflict resolution training or mediation?
Navigating family dynamics is often a central concern when establishing a trust, and surprisingly, provisions for fostering better communication—like conflict …
Can a trust include incentives for attending beneficiary check-in meetings?
Absolutely, a trust can absolutely include incentives for attending beneficiary check-in meetings, and it’s becoming an increasingly popular and sophisticated …
What is a per capita distribution in a trust?
Per capita distribution, within the context of a trust, refers to a method of distributing assets where each beneficiary receives …
Can a special needs trust pay for vision therapy services?
Navigating the financial landscape for a loved one with special needs requires careful consideration of available resources, and a special …
Can I require quarterly performance reviews of trust investments?
As a fiduciary, whether you are a trustee of a trust or managing assets for someone else, diligent oversight of …
Can a special needs trust support a service that tracks prescriptions?
Absolutely, a special needs trust can, and often should, support a service that tracks prescriptions, ensuring the beneficiary receives necessary …