Can a trust support professional wardrobe expenses?
Yes, a trust can support professional wardrobe expenses, but it hinges on how the trust is structured and the specific …
Point Loma Estate Planning Law
Can a bypass trust hold real estate?
Yes, a bypass trust, also known as a credit shelter trust or an exemption trust, can absolutely hold real estate, …
Who is in charge of the trust once I die?
After your passing, the responsibility of managing a trust shifts to the designated successor trustee. This individual or entity steps …
Can the trust acquire new real estate holdings after my death?
That’s a common question for estate planning clients, and the answer is generally yes, a trust can acquire new real …
Can I use a generation-skipping trust to preserve wealth for grandchildren?
Generation-skipping trusts (GSTs) are powerful estate planning tools designed to transfer assets to grandchildren (or even later generations) while minimizing …
Can a bypass trust offer an incentive for military or civil service?
The question of whether a bypass trust can serve as an incentive for individuals considering military or civil service is …
Can a bypass trust make distributions for health, education, maintenance, or support?
The question of whether a bypass trust can make distributions for health, education, maintenance, and support (HEMS) is a cornerstone …
Can a bypass trust include instructions for the donation of family documents to archives?
The question of whether a bypass trust can include instructions for the donation of family documents to archives is a …
Can a bypass trust include ESG (Environmental, Social, Governance) criteria?
The question of incorporating Environmental, Social, and Governance (ESG) criteria into a bypass trust is gaining prominence as wealth holders …
Can a bypass trust include a privacy agreement for beneficiaries?
The question of whether a bypass trust can include a privacy agreement for beneficiaries is a crucial one for estate …