Can the trust provide startup capital for supported employment?
Establishing a trust can be a powerful tool for securing a future for a loved one with special needs, and …
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Can a special needs trust include recurring trustee accountability reports?
Yes, a special needs trust can, and often *should*, include provisions for recurring trustee accountability reports, providing crucial oversight and …
Can I name a family council to advise the trustee?
Establishing a family council to advise the trustee of a trust is a frequently asked question and a beneficial practice …
Can I require pre-approval for any single expense over a set amount?
Establishing pre-approval thresholds for expenses within a trust is a crucial component of responsible trust administration, ensuring that the trustee …
Can I use biometrics for beneficiary verification?
The integration of biometric technology into beneficiary verification processes is a rapidly evolving area within estate planning, offering potential enhancements …
Can I require a debt-free certification from heirs for full access?
The question of requiring debt-free certification from heirs before granting full access to inherited assets is a complex one, often …
Can I set a limit on how much a beneficiary can withdraw annually?
Yes, you absolutely can set limits on how much a beneficiary can withdraw annually from a trust, and it’s a …
Can I name a family council to advise the trustee?
Establishing a family council to advise a trustee is a proactive step many families take to ensure their estate plan …
Can I require pre-approval for any single expense over a set amount?
Establishing a system for pre-approval of expenses exceeding a certain threshold is a cornerstone of sound financial management, particularly within …
Can a bypass trust be created for unmarried partners?
The question of whether a bypass trust—also known as a credit shelter trust—can be created for unmarried partners is complex, …