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


Asked on 5/15/01, 10:54 pm

1 Answer from Attorneys

Karen Spigler Law Firm of Karen Spigler, LLC

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

Read more
Answered on 6/25/01, 10:36 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Florida