Can a CRT be part of a philanthropic exit strategy for business founders?
Charitable Remainder Trusts (CRTs) offer a sophisticated tool for business founders looking to exit their company while simultaneously fulfilling philanthropic …
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Can a testamentary trust be used in estate equalization?
Estate equalization, the process of fairly distributing assets among heirs, can be complex, particularly when dealing with unequal asset values …
Can a bypass trust be transitioned into a donor-advised fund upon termination?
The question of whether a bypass trust can be transitioned into a donor-advised fund (DAF) upon termination is complex and …
Does Medicaid require repayment after the beneficiary dies?
Yes, Medicaid generally requires repayment of certain benefits after the beneficiary’s death, a process known as estate recovery. This isn’t …
Can I designate different beneficiaries for different asset types?
Absolutely, you can and often should designate different beneficiaries for different asset types, a common question for those considering estate …
Can the bypass trust support creative sabbaticals for artists in the family?
The bypass trust, a powerful estate planning tool, isn’t simply about avoiding estate taxes; it’s a vehicle for long-term financial …
What are the formalities required to make a trust legally valid?
Establishing a trust is a powerful tool for managing and distributing assets, but it’s crucial to understand that a trust …
Can a CRT protect assets from creditors?
Creating a trust, specifically an irrevocable trust like a Creditor Protection Trust (CRT), is a complex legal maneuver with the …
Can I make the trust expire at a certain age or event?
Yes, absolutely you can structure a trust to terminate upon the occurrence of a specific age or event, and this …
Who should I trust with something as important as my family’s future?
The incessant ticking of the grandfather clock echoed in the cavernous, dimly lit library. Rain lashed against the leaded-glass windows, …