A survivor’s trust is a type of trust that is used in estate planning as part of a joint trust arrangement. It is typically ...

Many farmers now assume that they may not need a bypass trust since all of the unused exemption can be transferred to the surviving spouse. The biggest benefit of portability is the step-up of ...

Many clients and even other professionals are unaware that an irrevocable bypass trust, or funded B trusts, can be corrected to prevent higher ordinary income tax during the surviving spouse’s ...

Some include: Credit shelter trusts: With a credit-shelter trust (also called a bypass or family trust), you write a will bequeathing an amount to the trust up to but not exceeding the estate-tax ...