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Home  Tips March 2011 Estate Planning for a Blended Family - March 23, 2011 - Daily Family Friendly Tips
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Estate Planning for a Blended Family - March 23, 2011 - Daily Family Friendly Tips |
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Written by Jenny Wanderscheid
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Estate planning for a blended family
A QTIP trust, (qualified terminable interest property trust) lets you provide for your current spouse and your children from a previous marriage. You decide how much of your estate should go into a QTIP trust after your death. These assets give your spouse income for life. After your spouse dies, the principal goes to your children.
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Last Updated on Saturday, 12 March 2011 20:26 |
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