Legal Question in Wills and Trusts in Ohio
crummy trust
what is the purpose of a crummy trust?
Asked on 8/19/08, 9:59 pm
1 Answer from Attorneys
Nancy Fioritto Patete
Nancy Fioritto Patete, Esq.
Re: crummy trust
This is a very simplistic answer, but a Crummy Trust controls the distribution of money to children and at the same time avoids estate taxes.
Answered on 8/21/08, 2:35 pm
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