What Happens When There’s a Sudden Change in Circumstances Affecting a Trust?
The phone rang, shattering the silence of my morning coffee. It was Mrs. Peterson, her voice trembling with distress. Her …
Who is best equipped to handle estate planning?
The phone slipped from my grasp, clattering onto the hardwood floor. My heart pounded in my chest, a frantic drumbeat …
How can I protect myself when hiring an estate planning attorney near by
Rain lashed against the windows as Sarah frantically shuffled through a stack of papers. Her grandfather had passed away unexpectedly, …
Who Handles Digital Asset Planning?
The blinking cursor mocked me, each second feeling like an eternity. My grandfather had passed away unexpectedly, leaving behind a …
What Is a Trust and Why Do I Need One?
The late afternoon sun cast long shadows across my desk as I frantically searched through stacks of paperwork, desperately seeking …
Can I structure a bypass trust to provide unequal distributions to children?
Yes, absolutely, a bypass trust, also known as a B trust or a family trust, can be specifically structured to …
Can I build a financial literacy curriculum into the trust?
The idea of embedding a financial literacy component within a trust is not only innovative but increasingly relevant in today’s …
How do trusts work in community property states?
In community property states – Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin – the concept of …
Can I require that heirs maintain a personal financial reserve before accessing the trust?
Absolutely, incorporating a requirement for heirs to demonstrate financial responsibility – specifically, maintaining a personal financial reserve – before accessing …
Is there an app for managing trust records?
The question of whether a dedicated “app” fully manages all facets of trust records is complex; while a single, all-encompassing …