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This section contains questions about drafting documents, including questions about options in document interviews, how to draft particular provisions or documents.

If you don’t find the answer to your question here, please email content@interactivelegal.com.

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Is it possible to have a pecuniary distribution in an ILIT? Additionally, can you advise on how to…

InterActive Legal Support Team May 28, 2024

We currently do not have an option in the ILIT to make a distribution of a specific dollar amount or to have different percentages passing to descendants after the grantor’s death (or the grantor’s spouse’s death, if applicable).

Legal Content

Aside from the power to lend money to the grantor for grantor trust purposes, is there a provision…

InterActive Legal Support Team May 28, 2024

We don’t have a specific power to lend, but we believe it is authorized by most state trust codes without a limit on lending to the grantor.

Legal Content

Medicaid Planning Options in Wealth Transfer Planning (WTP)

InterActive Legal Support Team May 15, 2024

The Wealth Transfer Planning program does not include trusts that are specifically intended for the grantor’s Medicaid planning. However, one of the trusts in Wealth Transfer Planning might be all you need, depending on the desired terms of…

Legal Content

Is there language that restricts the role of the Disinterested Trustee solely to distributions that…

InterActive Legal Support Team May 15, 2024

We don’t have language that limits the powers of a Disinterested Trustee. Our documents limit the powers of Interested Trustees in many areas where the power could result in the trustee having a general power of appointment or making a…

Legal Content

What does the interview question about setting a time limit on the memo for tangible personal…

InterActive Legal Support Team May 15, 2024

This implies that if a memo is not discovered within a specified timeframe, the fiduciaries can presume that no memo exists and distribute the property accordingly.

Legal Content

Where can I find the NY Tax Cliff language in the Essentials Wills interview?

InterActive Legal Support Team May 15, 2024

The NY Tax Cliff Gift option is not available in Essential Estate Planning documents.

Legal Content

Is it possible to copy an answer file from one client to another?

InterActive Legal Support Team May 15, 2024

There is not a way to copy answer files between clients, because they contain client-specific information.

Legal Content

Where in the SLAT does it mention, “That if my spouse predeceases me…”?

InterActive Legal Support Team May 15, 2024

There are no automatic provisions that deal with the beneficiary spouse predeceasing the grantor.

Legal Content

Which paragraph under SLAT 1, is the Testamentary Power of Appointment?

InterActive Legal Support Team May 15, 2024

Our SLAT document is structured with a "Lifetime Trust" during the grantor's lifetime, transitioning to a "Family Trust" for the surviving spouse's benefit upon the grantor's passing.

Legal Content

Intentionally Defective Grantor Trust (IDGT)

InterActive Legal Support Team May 15, 2024

The starting point depends on who the trust beneficiaries will be, because every irrevocable trust available in the program will have grantor trust options.

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Content Support Notice

InterActive Legal Content Support is designed for drafting questions and explaining options within the program, and we cannot advise on legal matters or best practices.

For substantive questions, we recommend seeking input from other members of the InterActive Legal community by posting your question to our Estate Planning and Elder Law Discussion Forum. That will allow you to obtain other perspectives on the best structure of the plan, and it is possible that others more familiar with your state law will be able to provide additional guidance.

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