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What is another word for QTIP trust?

Pronunciation: [kjˈuːtˈɪp tɹˈʌst] (IPA)

A QTIP trust, short for Qualified Terminable Interest Property trust, is an estate planning tool that allows a spouse to control the distribution of assets to beneficiaries after their death. However, there are alternative terms to describe this type of trust. One synonym often used is a Marital Trust. This trust ensures that the surviving spouse receives income generated by the trust, while also managing the ultimate distribution to other beneficiaries. Another synonym is a Widow’s Trust, as it provides financial security for the surviving spouse. Additionally, a "Bypass Trust" is another term for a QTIP trust, where assets are transferred to the trust to minimize estate taxes and provide for the surviving spouse.
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What are the opposite words for QTIP trust?

A QTIP trust is a special type of trust that many people use for estate planning purposes. This trust is designed to provide income for a surviving spouse, while at the same time preserving the assets for the benefit of the couple's children or other beneficiaries. When it comes to antonyms for the term "QTIP trust," there are a few different options. Some possibilities might include "non-spousal trust," "irrevocable trust," or "incomplete gift trust." Each of these types of trusts has their own unique features and benefits, and the choice of which one to use will depend on the specific needs and goals of the individual or couple in question.

What are the antonyms for Qtip trust?

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