Thankfully there's a path to compromise. Using a qualified terminable interest property trust, also known as a QTIP, married taxpayers can put their fortunes in trusts that pay distributions to ...
Mackenzie US TIPS Index ETF (CAD-Hedged) is an exchange traded fund launched and managed by Mackenzie Financial Corporation. It invests in fixed income markets of the United States. The fund ...
Everyone at my funeral gets a stun gun. The last person standing gets all my stuff.”— Author Unknown Go ahead and laugh, but that’s about the same thing ...
Moreover, New York allows a State-only qualified terminable interest property (“QTIP”) election under only two circumstances: 1) the federal estate tax is not in effect at the decedent’s ...
The surviving spouse may not change the beneficiaries. A qualified terminable interest trust (QTIP) provision is suggested to permit this trust to qualify for the marital deduction for estate tax ...