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The residential or commercial property within the QTIP supplying funds to an enduring partner gets approved for marital reductions,suggesting the worth of the trust is not taxable after the first partner’s death When you originally set up your trust,you made yourself (and your spouse if married) the trustee who controls and manages the assets of the trust Living Trust Law Trust Attorney.
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For those with significant assets,a revocable living trust may be essential to reduce your taxable estate and allow your assets to pass directly to your named beneficiaries without the need for probate a) Name your beneficiaries; Living Trust Law When the assets are moved into the trust,they will not be thought about part of your estate and will not undergo court of probate.
But with a QDOT,the taxes are delayed until your enduring spouse dies,which suggests more assets are readily available to offer your partner

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