What financial reporting must a testamentary trust provide annually?
Testamentary trusts, established through a will after someone passes away, require diligent financial reporting to ensure transparency and legal compliance, …
Point Loma Estate Planning Law
Can I add a beneficiary mid-term if my family circumstances change?
The flexibility of estate planning documents, particularly trusts, is a common question for Ted Cook’s clients here in San Diego, …
Can I limit eligibility for distributions to those who pass a fiduciary exam?
The question of whether to limit distributions from a trust to beneficiaries who pass a “fiduciary exam” is gaining traction …
Can a bypass trust distribute only income and retain principal permanently?
Yes, a bypass trust, also known as a credit shelter trust or a family trust, can be structured to distribute …
Can the trust require that vacation properties be used communally by all heirs?
Yes, a trust can absolutely require that vacation properties be used communally by all heirs, though careful drafting is crucial …
Can a special needs trust provide flexible tech upgrades based on diagnostics?
The question of whether a special needs trust (SNT) can fund flexible tech upgrades, guided by ongoing diagnostics, is increasingly …
Can a special needs trust pay for vocational certification renewals?
Navigating the financial landscape for a loved one with special needs requires meticulous planning, and a crucial component of that …
Can a special needs trust pay for therapy room furnishings?
Navigating the complexities of a special needs trust (SNT) requires meticulous attention to detail, especially when considering expenses like therapy …
Can a special needs trust pay for resilience training for both the beneficiary and caregivers?
The question of whether a special needs trust (SNT) can cover the costs of resilience training for both the beneficiary …
Can a special needs trust pay for online dating services tailored to people with disabilities?
The question of whether a special needs trust (SNT) can cover the costs of online dating services specifically designed for …