What are spendthrift provisions in a trust?
Spendthrift provisions within a trust are legal clauses designed to protect a beneficiary’s interest from their own potential financial mismanagement, …
Can I allow the trustee to allocate earnings to a pooled family education fund?
The question of whether a trustee can allocate earnings to a pooled family education fund is a common one for …
Can I fund estate-based internships for youth in the family?
The question of funding estate-based internships for young family members is a nuanced one, touching upon the complexities of estate …
Can I instruct the charity to spend funds within a specific timeframe?
The question of directing a charity to expend funds within a defined timeframe is a common one for those creating …
Can I designate a family mentor role in the trust?
The question of incorporating a “family mentor” role within a trust is gaining traction as estate planning evolves beyond simply …
Can I use an incentive trust for environmental contributions?
Incentive trusts, while traditionally employed to encourage positive behaviors like finishing education or maintaining sobriety, are increasingly being adapted for …
Can I direct funds toward grief support during trust transitions?
The emotional toll of losing a loved one is immense, and navigating the legal and financial complexities of a trust …
Can I require annual tax return submission by beneficiaries?
As an estate planning attorney in San Diego, I frequently encounter questions about the responsibilities of both trustees and beneficiaries, …
Can I structure estate distributions to encourage savings?
Absolutely, structuring estate distributions to encourage savings is a powerful way to extend the benefits of your wealth beyond your …
Can I name a backup beneficiary in a testamentary trust?
Testamentary trusts, created within a will, offer a powerful way to manage assets after your passing, but the question of …