Disclaimer Trust
A form of trust created by the terms of a deceased spouse's will and funded with all property that is disclaimed by the surviving spouse.
A disclaimer trust is used to reduce the combined amount of death taxes payable by the estates of both spouses.
Disclaimer trusts are a form of Credit Shelter Trust that typically provide the greatest flexibility to the surviving spouse with regard to post-mortem tax planning.
A form of trust created by the terms of a deceased spouse's will and funded with all property that is disclaimed by the surviving spouse.
A disclaimer trust is used to reduce the combined amount of death taxes payable by the estates of both spouses.
Disclaimer trusts are a form of Credit Shelter Trust that typically provide the greatest flexibility to the surviving spouse with regard to post-mortem tax planning.