| 单词 |
qualified funeral trust |
| 释义 |
Qualified Funeral Trust
Qualified Funeral TrustA trust constituted exclusively to pay for the funeral expenses of beneficiaries. In order to qualify for favorable tax treatment by the IRS, contributions made to the trust may not exceed certain limits per beneficiary and the trust must be the result of a contract with a funeral director or the equivalent.AcronymsSeeQFT |
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