How does an ILIT work?
An Irrevocable Life Insurance Trust, or ILIT, is a powerful estate planning tool used to minimize estate taxes and provide …
Point Loma Estate Planning Law
How does a testamentary trust handle digital estate content like NFTs?
The rise of digital assets, particularly Non-Fungible Tokens (NFTs), has presented a novel challenge for estate planning. Traditionally, testamentary trusts …
How does a special needs trust interact with ABLE accounts?
For families navigating the complexities of providing long-term financial security for a loved one with disabilities, understanding the interplay between …
How do testamentary trusts manage irregular income assets?
Testamentary trusts, established through a will and taking effect after death, present unique challenges when dealing with assets that don’t …
How do I update a testamentary trust?
Testamentary trusts, created within a last will and testament, offer a powerful tool for managing assets after one’s passing, particularly …
How do I resign as trustee of my own trust?
Resigning as trustee of your own trust, while seemingly straightforward, requires careful navigation of legal and practical considerations. It’s a …