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Can a CRT qualify as a split-interest trust for IRS purposes?

June 3, 2025 by admin

A Charitable Remainder Trust (CRT) can indeed qualify as a split-interest trust for IRS purposes, allowing for significant estate and …

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Can I create educational endowments for descendants through estate planning?

June 3, 2025 by admin

Yes, absolutely, creating educational endowments for your descendants is a powerful and increasingly popular component of comprehensive estate planning, allowing …

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Can I use a trust to facilitate open adoptions or family reunification?

June 3, 2025 by admin

The question of utilizing trusts to support open adoptions and family reunification is increasingly relevant as modern family structures evolve …

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Can the trust require quarterly updates to beneficiaries?

June 3, 2025 by admin

Absolutely, a trust can indeed require quarterly updates to beneficiaries, and this is becoming increasingly common as transparency and open …

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Can I require my children to reach a certain age before inheriting?

June 3, 2025 by admin

Absolutely, you can, and it’s a remarkably common and prudent estate planning strategy employed by many parents, including those who …

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Can a special needs trust fund special event attire?

June 3, 2025 by admin

The question of whether a special needs trust can fund special event attire—things like prom dresses, tuxedos, or even specific …

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Can I include provisions for automatic income reduction after certain thresholds?

June 3, 2025 by admin

The question of incorporating automatic income reduction provisions within a trust, particularly after reaching specific financial thresholds, is a sophisticated …

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How do testamentary trusts fit into long-term estate planning?

June 3, 2025 by admin

Testamentary trusts are powerful tools in estate planning, created *within* a will and coming into effect only upon the death …

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Can I include succession for trustee roles in my estate plan?

June 3, 2025 by admin

Absolutely, planning for the succession of trustee roles is a vital component of a comprehensive estate plan, ensuring a smooth …

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Can I direct that only the income from a trust be distributed?

June 3, 2025 by admin

Absolutely, it is a common and often strategically advantageous approach to structure a trust so that only the *income* generated …

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  • Can a CRT qualify as a split-interest trust for IRS purposes?
  • Can I create educational endowments for descendants through estate planning?
  • Can I use a trust to facilitate open adoptions or family reunification?

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