Can a special needs trust pay for therapy room furnishings?
Absolutely, a special needs trust can, in many cases, pay for therapy room furnishings, but it’s not always a straightforward …
Can the trust support participation in adaptive fashion design programs?
Establishing a trust allows for flexible financial support, and yes, a properly structured trust *can* absolutely support participation in adaptive …
Can I reward peer-reviewed innovations among descendants?
The question of incentivizing innovation through estate planning, specifically rewarding descendants for peer-reviewed work, is gaining traction as families seek …
How does an irrevocable trust help with Medicaid planning?
Navigating the complexities of Medicaid eligibility, especially for long-term care, requires proactive planning, and an irrevocable trust is a powerful …
Can a revocable trust include medical directives?
Yes, a revocable trust can absolutely include medical directives, though it’s not a direct inclusion in the traditional sense; rather, …
Can I require trustee reports be submitted to an attorney annually?
Absolutely, requiring annual trustee reports submitted directly to an attorney is not only permissible but a remarkably prudent practice for …
Can I use the trust to fund psychological assessments for legacy planning?
The question of whether a trust can fund psychological assessments for legacy planning is increasingly relevant as estate planning evolves …
Can I link trust access to wellness or health screenings?
The intersection of estate planning, specifically trusts, and personal wellness initiatives like health screenings is a growing area of interest, …
Can I specify who receives sentimental personal property?
The question of distributing sentimental personal property is a common concern in estate planning, and the answer is generally yes, …
Are distributions from the trust taxable to beneficiaries?
Distributions from a trust can indeed be taxable to the beneficiaries who receive them, but the specifics are surprisingly complex …