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Can I require beneficiaries to meet life goals before inheriting?

June 4, 2025 by admin

The question of whether you can require beneficiaries to meet life goals before inheriting is a common one for estate …

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Can I include trustee compensation in the trust terms?

June 4, 2025 by admin

Absolutely, trustee compensation can and often *should* be included within the terms of a trust, although the specifics are governed …

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Can I require family land to be kept undeveloped for conservation?

June 4, 2025 by admin

The question of preserving family land for conservation is a deeply personal one, often intertwined with emotional connections, financial considerations, …

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Is a special needs trust considered irrevocable?

June 4, 2025 by admin

The question of whether a special needs trust is considered irrevocable is central to understanding its function and benefits within …

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Do beneficiaries pay taxes on testamentary trust distributions?

June 4, 2025 by admin

Yes, beneficiaries generally do pay taxes on distributions they receive from a testamentary trust, although the specifics can be complex …

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Can I limit what types of assets the trust can invest in?

June 3, 2025 by admin

Absolutely, you can and often should limit the types of assets a trust can invest in, tailoring it to your …

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Is a living trust suitable for single individuals?

June 3, 2025 by admin

For single individuals, the question of whether a living trust is suitable often arises from a misunderstanding that these estate …

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Can I mandate equalization clauses for lifetime gifts?

June 3, 2025 by admin

Equalization clauses in the context of lifetime gifts allow a settlor—the person making the gift—to treat gifts made during their …

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What happens if a trust becomes insolvent?

June 3, 2025 by admin

Trust insolvency, while not a frequent occurrence, presents a complex legal situation that requires careful navigation. It arises when a …

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Can the trust support development of family-focused mental health resources?

June 3, 2025 by admin

Establishing a trust isn’t solely about financial legacies; it’s a powerful tool for enacting deeply held values, and increasingly, families …

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