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How is a special needs trust terminated?
A special needs trust (SNT), designed to provide for individuals with disabilities without disqualifying them from vital government benefits like …
Can a trust hold inventory?
Yes, a trust can absolutely hold inventory, but it’s not quite as simple as just transferring ownership; careful consideration must …
Can a CRT be used to contribute to a pooled income fund?
Yes, a Charitable Remainder Trust (CRT) can indeed be used to contribute to a pooled income fund (PIF), creating a …
Can the trust create a reserve to cover trust litigation costs?
The question of whether a trust can create a reserve to cover potential litigation costs is a common one for …
Can a special needs trust cover the cost of certification in a hobby-related skill?
Navigating the complexities of special needs trusts often brings questions about allowable expenses, and whether enriching activities like hobby certifications …
Can I include mental health support services as a trust benefit?
The question of incorporating mental health support services as a trust benefit is gaining traction as estate planning evolves to …