Can my trust own a safe deposit box?
Yes, your trust can absolutely own a safe deposit box, though there are specific procedures and considerations to ensure a …
Point Loma Estate Planning Law
Can a trust provide capital for home purchases?
Yes, a trust can indeed provide capital for home purchases, offering a flexible and potentially advantageous method beyond traditional mortgages, …
Can I designate family liaisons for community outreach?
As an estate planning attorney in San Diego, I frequently encounter clients eager to ensure their affairs are handled smoothly …
What happens if the trustee dies?
The death of a trustee is a surprisingly common event, and while unsettling, it doesn’t necessarily derail a trust’s administration; …
Can a testamentary trust pay for long-term care insurance?
A testamentary trust, created through a will and taking effect after death, presents a unique situation when considering funding for …
How does a testamentary trust affect Medicaid eligibility?
Testamentary trusts, established through a will and taking effect after death, present a complex intersection with Medicaid eligibility. Understanding this …
How do Trusts Work in Community Property States?
Navigating estate planning in community property states like California, Arizona, Nevada, New Mexico, Texas, Washington, Idaho, Louisiana, and Wisconsin requires …
How do I update a trust if I move to a new country?
Moving to a new country is a monumental life change, impacting not only personal logistics but also legal and financial …
How do I retitle my investment accounts to my trust?
Retitling investment accounts to a trust is a crucial step in comprehensive estate planning, ensuring a smooth transfer of assets …
How do I notify the IRS about a trust?
Establishing a trust is a powerful estate planning tool, but it also comes with IRS reporting requirements. Many individuals are …