Do beneficiaries pay taxes on distributions from the trust?
The question of whether beneficiaries pay taxes on distributions from a trust is a common one, and the answer, as …
Are distributions reported to the IRS?
Yes, distributions from a trust or estate are generally reported to the IRS, ensuring tax compliance and transparency in the …
Can a special needs trust support peer accountability groups?
The question of whether a special needs trust (SNT) can fund peer accountability groups is complex, but generally, yes, with …
Can I assign a family ombudsman to mediate internal trust disputes?
The idea of designating a family ombudsman to navigate the often-turbulent waters of trust disputes is gaining traction, but it’s …
Can I link a portion of trust distributions to ESG benchmarks?
The concept of aligning trust distributions with Environmental, Social, and Governance (ESG) benchmarks is a burgeoning field within estate planning, …
Can a CRT be used to contribute to a pooled income fund?
Yes, a Charitable Remainder Trust (CRT) can indeed be used to contribute to a pooled income fund (PIF), creating a …
Are distributions reported to the IRS?
Yes, distributions from trusts and estates are generally reported to the IRS, ensuring transparency and proper tax compliance. This reporting …
Can a testamentary trust be used to control asset distribution?
A testamentary trust, created within a will, is a powerful tool for dictating *when* and *how* your assets are distributed …
Can a trust help pay for disability-inclusive financial education?
Financial literacy is crucial for everyone, but individuals with disabilities often face unique challenges in accessing effective and inclusive financial …
Can a bypass trust support tenant housing for non-beneficiary caregivers?
The question of whether a bypass trust can support tenant housing for non-beneficiary caregivers is complex, involving nuanced estate planning …