marital trust

Definition of "marital trust"
  1. A type of trust set up in a will that designates the deceased's spouse as the recipient
How to use "marital trust" in a sentence
  1. To secure his spouse's financial future, he established a marital trust in his will.
  2. The marital trust will ensure the surviving spouse has sufficient assets to sustain her lifestyle.
  3. As per his will, the marital trust was established immediately after his death.

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