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单词 qualified terminable interest property trust (Q-TIP Trust)
释义

qualified terminable interest property trust (Q-TIP Trust)

Definition
Type of trust which (1) transfers assets to a spouse for his or her life only and (2) provides for distribution of assets to someone else after spouse's death. The first provision avoids estate and gift taxes, the second guards against the spouse remarrying unsuitably. See also qualified domestic interest trust (Q-Dot Trust).
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更新时间:2025/3/10 8:04:16