QTIP Trusts for Spouses Explained
Feb 18, 2024 ·
6m 28s
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Description
Married couples use Qualified Terminable Interest Property Trusts or QTIP Trusts to avoid estate taxes by using the estate tax exemption and the unlimited marital deduction. QTIP Trusts also provide...
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Married couples use Qualified Terminable Interest Property Trusts or QTIP Trusts to avoid estate taxes by using the estate tax exemption and the unlimited marital deduction. QTIP Trusts also provide for the survivor after one spouse passes while protecting assets for other beneficiaries after the second spouse passes. This video explains the uses of QTIP Trusts and their implications on income tax and estate tax.
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Author | WCAT Radio |
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