Can a special needs trust fund sensory therapy sessions?
Absolutely, a special needs trust can, and often should, fund sensory therapy sessions, provided it aligns with the beneficiary’s overall …
Point Loma Estate Planning Law
Are distributions reported to the IRS?
Yes, distributions from trusts and estates are generally reported to the IRS, ensuring transparency and compliance with tax laws. The …
Can a special needs trust cover the cost of certification in a hobby-related skill?
Navigating the complexities of special needs trusts often brings up questions about allowable expenses, and the seemingly simple inquiry of …
Can I assign a family ombudsman to mediate internal trust disputes?
The idea of appointing a family ombudsman to navigate the often-turbulent waters of trust disputes is gaining traction, however, it’s …
Can I link a portion of trust distributions to ESG benchmarks?
The question of linking trust distributions to Environmental, Social, and Governance (ESG) benchmarks is gaining traction as beneficiaries increasingly desire …
Can I require trustees to follow a mission-aligned investment policy?
The question of whether you can require trustees to follow a mission-aligned investment policy is increasingly prevalent as grantmakers and …
Can I require trustee rotation every five years?
The idea of rotating trustees every five years is increasingly discussed in estate planning, particularly amongst those crafting trusts in …
Can I require trustee approval for private equity investments?
Trusts, by their very nature, are vehicles for managing assets according to the grantor’s wishes, as detailed in the trust …
Can I require the trustee to take a biennial course on fiduciary law updates?
The question of whether you can require a trustee to take a biennial course on fiduciary law updates is a …
Can I require the trustee to provide annual updates to my heirs?
The question of whether you can require a trustee to provide annual updates to your heirs is a frequently asked …