| Qualified Domestic Trust |
| This trust is essentially a substitute for the Marital Trust when the spouse is not a United States citizen. The trust provides for the non-citizen spouse with income from the trust assets. When setting up this kind of trust, it is important to include appropriate language to make sure that you are complying with the IRS rules to be or to become a QDT. The unlimited marital deduction is not available for a non-citizen spouse. The rules for this kind of trust are fairly involved, and legal counsel should be sought. |
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| Estate Planning & Asset Protection |
| Learn on this site how to do good estate planning and good asset protection. Learn also how to coordinate your business planning with your estate planning. |
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