Can I set limits on how the surviving spouse may use trust income?
The question of controlling how a surviving spouse utilizes trust income is a frequent one for Ted Cook, an Estate …
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What is the process to modify an irrevocable trust through court?
Irrevocable trusts, by their very nature, are designed to be permanent, offering asset protection and potential tax benefits. However, life …
Can I designate a specific family member to oversee heirloom preservation?
The question of designating a specific family member to oversee heirloom preservation is a common one, and the answer is …
What penalties exist for a trustee who acts in bad faith?
A trustee has a fiduciary duty to act in the best interests of the beneficiaries of a trust, and acting …
Can a CRT include a reporting template for annual charitable activity?
Certainly, a Charitable Remainder Trust (CRT) can, and often *should*, include a reporting template for annual charitable activity; this ensures …
Can a trust pay for network security for devices used by the beneficiary?
The question of whether a trust can pay for network security for devices used by a beneficiary is increasingly relevant …
Can a trust pay for environmentally friendly housing materials?
The question of whether a trust can fund the purchase of environmentally friendly housing materials is a frequently asked one, …
Can a Trust Own Rental Property?
The question of whether a trust can own rental property is a common one for estate planning attorneys like Steve …
Can a trust own art collections and manage exhibitions?
The question of whether a trust can own art collections and manage exhibitions is a nuanced one, deeply intertwined with …
Can a trust mandate climate resilience planning for family property?
The idea of embedding climate resilience planning within a trust document is gaining traction as families increasingly recognize the long-term …