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Qualified terminable interest property trust (Q-TIP)
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.
Qualified Terminable Interest Property Trust (Q-TIP)
A trust that allows a surviving spouse to receive income generated from the trust, while the actual distribution of the trust's assets is made to other beneficiaries such as the grantor's children.
 See also: Investment, Market, Quote, Spread, Sales
  
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