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 include an equity clause for equal gender representation among trustees?
The question of whether a bypass trust can include an equity clause mandating equal gender representation among trustees is increasingly …
Can a bypass trust hold stock options from a private company?
The question of whether a bypass trust can hold stock options from a private company is a nuanced one, demanding …
Can a bypass trust hold alternative assets like timber, wind rights, or carbon credits?
The question of whether a bypass trust, also known as a credit shelter trust, can hold alternative assets like timber, …
Can a bypass trust fund the purchase of a vehicle for a dependent?
The question of whether a bypass trust can fund the purchase of a vehicle for a dependent is a common …
Can a bypass trust fund contributions to a child’s Roth IRA?
The question of whether a bypass trust can fund contributions to a child’s Roth IRA is a complex one, deeply …
Can a bypass trust distribute only income and retain principal permanently?
The question of whether a bypass trust, also known as a credit shelter trust or a family bypass trust, can …
Can a bypass trust distribute assets unevenly among beneficiaries?
The question of whether a bypass trust, also known as a B trust or a family bypass trust, can distribute …