Can a trust provide forgivable loans for education?
Yes, a trust can absolutely be structured to provide forgivable loans for education, offering a powerful estate planning tool for …
Wildomar Estate Planning
What is the purpose of an irrevocable life insurance trust (ILIT)?
An Irrevocable Life Insurance Trust, or ILIT, is a powerful estate planning tool designed to remove the proceeds of a …
Does an irrevocable trust require a new tax ID number?
Generally, yes, an irrevocable trust does require its own unique tax ID number, formally known as an Employer Identification Number …
Who are the beneficiaries of a testamentary trust?
A testamentary trust, created within a will, directs the distribution of assets after someone’s passing, and the beneficiaries are those …
Can I support language preservation through legacy funds?
The question of whether one can support language preservation through legacy funds is becoming increasingly relevant as globalization and modernization …