disclaimer trust

Definition of "disclaimer trust"
  1. A type of trust that allows the surviving spouse to forgo splitting the trust after the first spouse's death, potentially helping to reduce estate tax
How to use "disclaimer trust" in a sentence
  1. In her inheritance planning, she set up a disclaimer trust to give her husband options upon her death.
  2. A disclaimer trust could be a smart move for those looking to minimize potential estate taxes.
  3. He considered using a disclaimer trust as part of his estate planning strategy.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z