Can I cap total inheritance based on pre-existing net worth of heirs?
The question of whether you can cap total inheritance based on the pre-existing net worth of heirs is a surprisingly …
Point Loma Estate Planning Law
What is a pour-over will?
A pour-over will is a crucial estate planning tool, acting as a safety net to ensure all assets, regardless of …
Can a special needs trust fund self-employment or gig economy expenses?
The question of whether a special needs trust (SNT) can fund self-employment or gig economy expenses is complex, requiring careful …
Can I condition funds on passing a financial competency course?
The question of whether you can condition funds on a beneficiary passing a financial competency course is becoming increasingly common, …
Can a CRT distribute income in alternating years instead of annually?
Complex trusts, specifically Charitable Remainder Trusts (CRTs), offer sophisticated estate planning tools allowing individuals to support charitable causes while potentially …
Is a testamentary trust part of a will?
The relationship between a testamentary trust and a will is often a source of confusion, but understanding the distinction is …
Is a Living Trust Valid in All States?
The question of whether a living trust is valid in all states is a common one for individuals considering estate …
How often should I review my testamentary trust?
Establishing a testamentary trust—a trust created within your will—is a significant step in estate planning, offering a structured way to …
How long does it take to establish a trust?
Establishing a trust is a significant step in estate planning, offering numerous benefits like probate avoidance, asset protection, and control …
How is income in the trust taxed?
Understanding the taxation of trust income is a critical aspect of estate planning, and often a source of confusion. The …