Can a Special Needs Trust Cover Recreational Activities?
Navigating the world of special needs trusts can feel like charting unfamiliar waters, especially when considering the scope of permissible …
Can a trust help pay for disability-inclusive financial education?
Financial literacy is crucial for everyone, yet individuals with disabilities often face unique challenges in accessing effective financial education, and …
Can I limit when and how funds are used for healthcare?
The question of controlling the timing and method of healthcare funding within an estate plan is a significant one for …
Can I prevent beneficiaries from pledging trust assets as loan collateral?
The question of whether beneficiaries can pledge trust assets as loan collateral is a common concern for grantors creating trusts, …
Can a person with a mental illness be a beneficiary of a special needs trust?
Absolutely, a person with a mental illness can absolutely be a beneficiary of a special needs trust, and in many …
How does an irrevocable trust affect my eligibility for financial aid?
Irrevocable trusts, while excellent tools for estate planning, can introduce complexities when applying for financial aid for college. The key …
Can I require beneficiaries to meet certain criteria before distribution?
The question of whether you can require beneficiaries to meet certain criteria before receiving an inheritance is a common one, …
Can the trust allow early payouts in hardship cases?
Trusts are powerful estate planning tools, offering control over asset distribution even after one’s passing, but a common question arises: …
Can I assign maintenance clauses for heirloom objects in a testamentary trust?
Absolutely, assigning maintenance clauses for heirloom objects within a testamentary trust is not only possible but often a prudent estate …
Can I transfer an existing irrevocable trust into a bypass trust?
The question of transferring an existing irrevocable trust into a bypass trust, also known as a credit shelter trust or …