shelter trust

Definition of "shelter trust"
  1. A form of trust known as a bypass trust
How to use "shelter trust" in a sentence
  1. The couple decided to set up a shelter trust to potentially minimize estate taxes after their death.
  2. The financial advisor recommended establishing a shelter trust to protect their assets from excessive taxation.
  3. By setting up a shelter trust, they were able to pass on their wealth to their children in a tax-efficient manner.

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