Marital trust

 

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Marital trust

A trust created to allow one spouse to transfer, during life or upon death, an unlimited amount of property to his/her spouse without incurring gift or estate tax.



Marital trust

Similar Matches

Marital deduction

Marital deduction

A tax deduction that allow spouses to transfer unlimited amounts of property to one another.


Unlimited marital deduction

Unlimited marital deduction

An Internal Revenue Service provision that allows an individual to transfer an unlimited amount of assets to a spouse, during life or at death, without incurring federal estate or gift tax.




 
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