Can I designate a trustee who is not a family member?
Absolutely, you can designate a trustee who is not a family member, and in many cases, it’s a strategically sound …
Can I allow heirs to redirect part of their inheritance to charity?
Yes, absolutely, and it’s becoming an increasingly popular estate planning tool, allowing beneficiaries to align their inheritance with their philanthropic …
Can I set up a legacy donation through my estate?
Yes, absolutely, establishing a legacy donation through your estate, often referred to as a charitable bequest, is a powerful way …
Can a CRT distribute income through a spendthrift clause?
Charitable Remainder Trusts (CRTs) are sophisticated estate planning tools designed to provide income to a non-charitable beneficiary for a term …
Can a testamentary trust pay estate debts?
Testamentary trusts, created within a will, are powerful tools in estate planning, but their ability to directly pay estate debts …
Can a testamentary trust be used to protect generational wealth?
A testamentary trust, established within a will, absolutely can be a powerful tool for safeguarding and growing wealth across generations, …
How do gift taxes interact with testamentary trust distributions?
The interplay between gift taxes and testamentary trust distributions is a complex area of estate planning, often misunderstood by individuals …
Can I set up a legacy donation through my estate?
Yes, you absolutely can set up a legacy donation through your estate, and it’s a remarkably impactful way to continue …
Can I make ecological restoration projects eligible for funding?
The question of funding ecological restoration projects is increasingly relevant as environmental concerns gain prominence, and fortunately, the answer is …
Can a CRT own high-yield municipal bonds?
Collateralized Retirement Trusts (CRTs) are increasingly popular estate planning tools, offering a unique blend of asset protection and potential tax …