Can I give my trustee discretion over reallocating unused funds?
Navigating the complexities of trust administration requires careful consideration of the powers granted to the trustee, particularly concerning the reallocation …
Escondido Estate Planning
Can I require regular income reporting from beneficiaries?
As a trustee, managing a trust involves a fiduciary duty to the beneficiaries, but also a responsibility to ensure the …
Can I allow partial early vesting of trust interests for merit-based criteria?
The question of allowing partial early vesting of trust interests based on merit is a complex one, frequently encountered in …
Is a testamentary trust valid in all 50 states?
Yes, a testamentary trust is generally valid in all 50 states, though the specifics of its creation and administration are …
What is the main purpose of a testamentary trust?
A testamentary trust, established within a will, serves as a powerful tool for managing and distributing assets after someone’s passing, …