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In Trusts We Trust: Day 45

January 20, 2012 by admin

Qualified Terminable Interest Property Trust  (“QTIP Trust”) A Qualified Terminable Interest Property Trust—also known as a QTIP Trust—is a type of trust that enables the grantor to provide for a surviving spouse while still maintaining control of the way in which the trust’s assets are distributed once the surviving spouse passes away. The QTIP trust […]

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