Can I include a no-conflict-of-interest policy in the trust’s governance?
Establishing a trust is a significant step in estate planning, allowing for the managed distribution of assets according to your …
Escondido Estate Planning
Can I require the trustee to consult annual performance reviews for distributions?
Establishing clear guidelines for trustee discretion regarding distributions from a trust is a cornerstone of effective estate planning, and incorporating …
Can the trust allow for alternate trustees in the event of incapacity?
Absolutely, a well-drafted trust should, and almost always does, provide for successor or alternate trustees to step in if the …
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 make attendance at annual family meetings a requirement for distribution?
The question of tying trust distributions to attendance at family meetings is a surprisingly common one, and the answer, like …