Legal Question in Wills and Trusts in Florida
trusts
What is the wording of a fractional formula and a pecuniary formula in regards
to funding a bypass and qtip trust.?
How do you avoid acceleration of taxes?
Thanks so much
1 Answer from Attorneys
Re: trusts
What is the wording of a fractional formula and a pecuniary formula in regards to funding a bypass and qtip trust.? How do you avoid acceleration of taxes? Thanks so much.
These represent only a portion of properly drafted trusts, which should only be attempted by an attorney and the phrasing cannot be 'inserted' out of context since it need to be properly integrated into the documents. I highly advise that you do not attempt this alone as the consequence of improper drafting could be dire in that you may pay additional unwarranted taxes, the trust could be undone since it was not properly drafted, etc.
Karen Spigler
Phone: (954) 585-6050