• take action: Plan Your Estate
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close
Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close

Archives

Tag Archives for: "QTIP trust"
Home /
 How Can Husband Leave Trust for Wife, Then for Sibling?
0
By Harry Margolis
In Estate and Gift Taxes, Second Marriages
Posted November 18, 2022

How Can Husband Leave Trust for Wife, Then for Sibling?

Question: How can someone, with a house, a rental house and investments altogether worth $4 million, plan for both a stepped-up in basis and the full federal estate tax exemption without allowing [...]

READ MORE
 Should I Disband My Deceased Husband’s Marital Trust?
0
By Harry Margolis
In Estate and Gift Taxes, Irrevocable Trusts
Posted March 21, 2022

Should I Disband My Deceased Husband’s Marital Trust?

Question: I’m the beneficiary of a trust left by my husband. The investments in the trust include long- and short-term losses that could offset capital gains in other investments I hold in [...]

READ MORE
 Can We Merge QTIP and Credit Shelter Trust Now with the Higher Tax Exclusion?
0
By Harry Margolis
In Estate and Gift Taxes, Irrevocable Trusts
Posted February 4, 2022

Can We Merge QTIP and Credit Shelter Trust Now with the Higher Tax Exclusion?

Question: Long ago, my parents created a family trust which required creating a survivor trust, credit shelter trust and QTIP trust upon the death of the first of them. One of them died. The [...]

READ MORE
 Are Tax Planning Trusts Protected for Medicaid Purposes?
0
By Harry Margolis
In Estate and Gift Taxes, Long-Term Care Planning
Posted July 19, 2019

Are Tax Planning Trusts Protected for Medicaid Purposes?

Question: If a spouse passes away and has an ABC trust structure (marital trust, bypass trust, QTIP trust) and each of these trusts are funded for the benefit of the surviving spouse, are any of [...]

READ MORE
 QTIP Trust Can Give Husband Right to Income But Preserve Asset for Children?
0
By Harry Margolis
In Estate and Gift Taxes, Second Marriages
Posted February 16, 2018

QTIP Trust Can Give Husband Right to Income But Preserve Asset for Children?

Question: I have family business interest in an LLC and an S-Corp which own commercial real estate and generate my income from rent. I would like to leave this interest to my 4 children (2 are [...]

READ MORE
 What’s a QTIP Trust and Why Would You Want One? Here are 7 Reasons
1
By Harry Margolis
In Asset Protection, Estate and Gift Taxes, Second Marriages
Posted May 12, 2017

What’s a QTIP Trust and Why Would You Want One? Here are 7 Reasons

So, what’s a QTIP trust? “QTIP” stands for qualified terminable interest property, total legal gobbeldygook, right? So forget the words. What it means is a trust that you leave [...]

READ MORE
Categories
  • Asset Protection (34)
  • Charitable Giving (10)
  • Durable Powers of Attorney (43)
  • Estate and Gift Taxes (55)
  • Guardianship and Conservatorship (5)
  • Health Care Directives (13)
  • Irrevocable Trusts (49)
  • Long-Term Care Planning (170)
  • Non-Traditional Families (16)
  • Non-US Citizens (23)
  • Pets (3)
  • Practical Matters (15)
  • Probate (37)
  • Property in Other Countries (4)
  • Real Estate (66)
  • Retirement Plans (19)
  • Revocable Trusts (98)
  • Second Marriages (11)
  • Social Security (18)
  • Special Needs Planning (69)
  • Trustee (52)
  • Vacation Homes (3)
  • Wills (50)
© All Rights Reserved  |  Privacy Policy

Start typing and press Enter to search

Putting off planning your estate?

Don’t know where to start?

This simple-yet-comprehensive guide provides everything you need to know (in plain English).

Get the Book

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Read Sample Chapters

Putting off planning your estate?

This simple-yet-comprehensive guide provides everything you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book

Read Sample Chapters

subscribe