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What is a Qualified Terminal Interest Property (“QTIP”) Trust?

28.04.2015 by Law Firm of Seglund Gabe Pawlak & Groth in Estate Planning

The qualified terminable interest property trust or QTIP trust is sometimes also referred to as a marital qualified terminable interest property trust. This trust is established to provide a surviving spouse with lifetime income that is derived from money that is earned by the assets that are transferred to the trust. Typically, the surviving wife […]

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