terminable marital trust

Terminable Marital Trust

A trust giving the beneficiary, the spouse of the trustor, access to the trust's income, but not assets, upon the death of the trustor. That is, the spouse is able to access the capital gains or other income deriving from the trust, but not the assets of the trust itself. The assets usually pass to other survivors upon the death of the second spouse.

terminable marital trust

A trust in which the surviving spouse has use of the trust's income but not its assets. These assets will pass to others (most likely children) at the death of the spouse.

单词	terminable marital trust
释义	terminable marital trust Terminable Marital Trust A trust giving the beneficiary, the spouse of the trustor, access to the trust's income, but not assets, upon the death of the trustor. That is, the spouse is able to access the capital gains or other income deriving from the trust, but not the assets of the trust itself. The assets usually pass to other survivors upon the death of the second spouse. terminable marital trust A trust in which the surviving spouse has use of the trust's income but not its assets. These assets will pass to others (most likely children) at the death of the spouse.
随便看	list of states and provinces in north america list of states with nuclear weapons list of stations on the blue line list of stored options list of structural elements list of stv newsreaders and journalists list of subsistence techniques list of successful bidders list of supervillains list of supporting foxtrot characters list of supreme court justices list of surahs list of suras list of sutras list of suttas list of swarming animals list of swimming styles list of sword parts list of symantec acquisitions list of tabloids list of tag teams list of talk shows list of tallest buildings and structures in the world list of targets list of tcp and udp port numbers