Can a bypass trust terminate automatically upon reaching a certain asset threshold?
The question of whether a bypass trust, also known as a credit shelter trust or an A-B trust, can automatically …
Point Loma Estate Planning Law
Can I allocate a portion of my business succession plan to a CRT?
The question of integrating a Charitable Remainder Trust (CRT) into a business succession plan is a sophisticated one, increasingly relevant …
Can a special needs trust fund subscriptions for accessible reading materials?
Absolutely, a special needs trust (SNT) can, and often should, fund subscriptions for accessible reading materials, provided it aligns with …
What happens to trust administration during a trustee transition?
The transition of trusteeship, while a natural part of estate planning, requires careful navigation to ensure the continued smooth administration …
Do beneficiaries pay taxes on testamentary trust distributions?
Yes, beneficiaries generally do pay taxes on distributions they receive from a testamentary trust, though the specifics can be complex …
Can I include a sunset clause for the trust?
The concept of a “sunset clause” within a trust, while not a traditional term used by estate planning attorneys like …
Can I include a requirement that trust assets be rebalanced yearly?
The question of mandating yearly rebalancing within a trust document is a common one for clients of Ted Cook, a …
Can I include a letter of intent with my testamentary trust?
The question of whether you can include a letter of intent with your testamentary trust is a common one for …
Can I include a condition that trustees undergo third-party ethics training?
The question of mandating ethics training for trustees is increasingly relevant in estate and trust administration, particularly as the complexities …
Can I include a clause that terminates the trust if assets fall below a threshold?
The question of whether you can include a clause that terminates a trust if assets fall below a certain threshold …