Can I transfer my mortgage through my estate?
The question of whether a mortgage can be transferred through an estate is complex, varying significantly based on the loan’s …
Can a testamentary trust enforce an annual audit of trust assets?
Testamentary trusts, established through a will and taking effect after death, offer a powerful mechanism for managing assets and distributing …
Can a special needs trust pay for a legal name change process?
The question of whether a special needs trust (SNT) can cover the costs of a legal name change is surprisingly …
Can I require a beneficiary to meet certain educational achievements?
The desire to incentivize education and responsible life choices within estate planning is a common one, and yes, you can …
How does a testamentary pet trust work?
A testamentary pet trust is established within a will, becoming effective only upon the death of the grantor, the person …
Can the trust reimburse travel for medical procedures?
Navigating healthcare often extends beyond the confines of local medical facilities, and individuals frequently seek specialized treatment or second opinions …
Can I take out a home equity line on property held in a trust?
Navigating home equity lines of credit (HELOCs) when property is held within a trust requires careful consideration, as it’s not …
Can I direct how funds are used for grandchildren’s education?
Planning for the future often includes a desire to support loved ones, and many clients ask if they can specifically …
Can I build in mechanisms to prevent concentration of power in one trustee?
The concentration of power in a single trustee can be a significant risk in trust administration, potentially leading to conflicts …
Can the trust own fractional shares of a family business?
Yes, a trust can absolutely own fractional shares of a family business, and it’s a surprisingly common and effective estate …