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Marital trust

Stock market Marital deductionMark twain effect

Marital trust
A trust created to allow one spouse to transfer, during life or upon death, an unlimited amount of property to his/her spouse without incurring gift or estate tax.

 


A type of marital trust often used in a second marriage, a Q-TIP gives a surviving spouse rights to all trust income and, in some cases, access to principal as well.

Marital Trust (insurance term)
Deductions
Estate Planning (in accounting)
Qualified Domestic Trust (insurance term)
Estate Tax (finance term)
Second-To-Die Insurance (finance term)
Gift Tax Exclusion (insurance term) ...

See also: Income, Investment, Property, Trust, Estate tax

Stock market Marital deductionMark twain effect

 
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