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Point Loma Estate Planning Law

Can a trust pay for adaptive art tools for motor challenges?

June 6, 2025 by admin

The question of whether a trust can pay for adaptive art tools for individuals facing motor challenges is a common …

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Can a trust provide forgivable loans for education?

June 6, 2025 by admin

Yes, a trust can absolutely be structured to provide forgivable loans for education, offering a sophisticated estate planning tool to …

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What is the purpose of an irrevocable life insurance trust (ILIT)?

June 6, 2025 by admin

An Irrevocable Life Insurance Trust (ILIT) is an estate planning tool designed to remove the proceeds of a life insurance …

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Does an irrevocable trust require a new tax ID number?

June 6, 2025 by admin

Generally, an irrevocable trust does require its own unique tax identification number, also known as an Employer Identification Number (EIN), …

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Who are the beneficiaries of a testamentary trust?

June 6, 2025 by admin

A testamentary trust, created within a will, designates individuals or entities who will receive benefits from assets held within the …

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Can I structure incentive distributions for philanthropy milestones?

May 10, 2025 by admin

The question of structuring incentive distributions tied to philanthropic milestones is increasingly relevant for high-net-worth individuals and families. Traditionally, estate …

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Can I structure a bypass trust to provide unequal distributions to children?

May 10, 2025 by admin

The question of structuring a bypass trust to provide unequal distributions to children is a common one for estate planning …

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Can I stagger inheritance using a trust?

May 10, 2025 by admin

The question of whether you can stagger inheritance using a trust is a resounding yes, and it’s a remarkably popular …

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Can I specify who receives family recipes and personal journals?

May 10, 2025 by admin

The question of designating recipients for cherished personal items like family recipes and journals is a surprisingly common concern for …

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Can I specify requirements for professional trustee accreditation?

May 10, 2025 by admin

The question of specifying requirements for professional trustee accreditation is multifaceted, deeply intertwined with state laws, the type of trust …

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