A trust in which income-producing property is placed in the trust by the grantor and income is distributed to the beneficiary over a specified time period. If the beneficiary is less than 14 years old, the income is taxed at the grantor's rate, otherwise it is taxed at the beneficiary's rate. At the end of the term, the property reverts to the grantor or the grantor's spouse.
Related information about spousal remainder trust:
- Spousal Remainder Trust - Financial Dictionary - The Free Dictionary
A fixed-term trust from which income is distributed to the beneficiary (such as a child of the grantor) to take advantage of a lower tax bracket, and that at the end ...
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Mentioned in these terms. remainder interest · remainder man · charitable remainder trust · spousal remainder trust · contingent remainder. Browse by Letter: ...
- Beermann Pritikin Mirabelli Swerdlove LLP - Michael C. Craven
45, No. 12 (June 2009); "The Spousal Remainder Trust - A Modern Income Shifting Device," Chicago Bar Association - YLS Journal, Vol. 15, No. 1 (1985) ...
- The Strategic Use of Lifetime Gifting Programs to - Harrison & Held ...
An aggressive use of a spousal remainder trust would allow husband and wife to provide for their children's college expenses out of income, taxed at their ...
- Spousal IRA: Definition from Answers.com
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- Michael C. Craven - Leading Lawyers
"The Spousal Remainder Trust - A Modern Income Shifting Device," Chicago Bar Association - YLS Journal, Vol. 15, No. 1, 1985. Legal Lectures: "Is It a Trend, ...