Backdating allocation of marital assets into survivor trust

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Since Trust B is subject to estate tax, as long as the amount placed in it is less than the exemptable amount, no federal estate tax is due. Since Trust A is considered a marital deduction trust for the benefit of the surviving spouse, any assets put there are tax exempt.Trust A now becomes a revocable trust, and the survivor is wholly in control of its assets.

Requirements The notice required under California Probate Code Section 16061.7 has several requirements, each one of which must be met in order for the notice to be effective.Trust administration is a necessary process that occurs after the death of either one or both settlors.To protect the successor trustees, there are many things that must be done to ensure proper administration.But in Massachusetts if one spouse dies before estate tax planning steps are taken, and the couple has assets worth more than

Requirements The notice required under California Probate Code Section 16061.7 has several requirements, each one of which must be met in order for the notice to be effective.

Trust administration is a necessary process that occurs after the death of either one or both settlors.

To protect the successor trustees, there are many things that must be done to ensure proper administration.

But in Massachusetts if one spouse dies before estate tax planning steps are taken, and the couple has assets worth more than $1 million, the couple may end up wasting a valuable exemption amount.

This happens when a married couple relies on Massachusetts tax rules that allow a person to leave any amount to their spouse free of estate tax.

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Requirements The notice required under California Probate Code Section 16061.7 has several requirements, each one of which must be met in order for the notice to be effective.Trust administration is a necessary process that occurs after the death of either one or both settlors.To protect the successor trustees, there are many things that must be done to ensure proper administration.But in Massachusetts if one spouse dies before estate tax planning steps are taken, and the couple has assets worth more than $1 million, the couple may end up wasting a valuable exemption amount.This happens when a married couple relies on Massachusetts tax rules that allow a person to leave any amount to their spouse free of estate tax.

million, the couple may end up wasting a valuable exemption amount.This happens when a married couple relies on Massachusetts tax rules that allow a person to leave any amount to their spouse free of estate tax.

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