Can I establish thresholds for net worth before reducing distributions?
Establishing thresholds for net worth before reducing distributions from a trust is a complex area of estate planning, and the …
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Is a trust a substitute for a complete estate plan?
While often considered a cornerstone of sophisticated estate planning, a trust is rarely, if ever, a complete substitute for a …
Can I integrate my estate plan with my business exit strategy?
Absolutely, integrating your estate plan with your business exit strategy is not only possible, but often crucial for a smooth …
Can I require language access services as part of the CRT’s remainder use?
Community Reinvestment Trusts (CRTs) are increasingly utilized as powerful estate planning tools, allowing individuals to support charitable causes while receiving …
Can I appoint someone to act as a family historian through the trust?
The idea of designating a family historian within a trust is an increasingly popular concept, reflecting a desire to preserve …
Can I require annual updates to the estate plan by trustees?
As an estate planning attorney in San Diego, I often encounter clients wondering about the ongoing maintenance of their trusts …
Can a trustee be penalized for violating investment guidelines?
Absolutely, a trustee can be penalized for violating investment guidelines, and the consequences can range from minor corrections to substantial …
Can I include a no-conflict-of-interest policy in the trust’s governance?
Absolutely, incorporating a no-conflict-of-interest policy within a trust’s governance is not only permissible but highly recommended for robust and ethical …
Can I require family land to be kept undeveloped for conservation?
The question of preserving family land for conservation is a deeply personal one, often intertwined with emotional attachment, financial considerations, …
Can the trust allow for alternate trustees in the event of incapacity?
The simple answer is absolutely, a well-drafted trust should, and almost always does, account for the possibility of the trustee …