Estate planning for couples in a second or later marriage who have disproportionate estates can be tricky. One solution for allowing the well-to-do spouse to maintain control of their assets but keep their other half happy is the Lifetime QTIP Trust.
The Basics of Creating a Lifetime QTIP Trust
In the estate planning world...
Estate planning for married couples can be tricky when one spouse is significantly wealthier than the other and each spouse wants different beneficiaries to ultimately inherit their estate. One solution to this problem is the Lifetime QTIP Trust.
What is a Lifetime QTIP Trust?
One traditional estate planning model for married couples makes use...
