|
|
Using an A-B trust structure can offer benefits under some scenarios, as in the two cases illustrated below
Case #1
|
Husband & Wife
$4,000,000
Revocable
Living Trust
|
Death of 1st Spouse
No probate
No taxes
|
|
|
Survivors Trust
$2,000,000
No Limitations
|
|
|
|
Decedent's Trust
$2,000,000
Limitations
|
|
|
Death of 2nd Spouse
No probate
No taxes
$4,000,000
Heirs
|
|
|
Case #2
|
|
Husband & Wife
$5,000,000
Revocable
Living Trust
|
Death of 1st Spouse
No probate
No taxes
|
|
|
Survivor's Trust
$3,000,000
No Limitations
|
|
|
|
Decedent's Trust
$2,000,000
Limitations
|
|
|
|
Death of 2nd Spouse
No probate
$500,000 taxes*
$4,500,000
Heirs
|
|
|
*Tax is estimated for illustration
|
About Us
