An AB trust is a legal arrangement for married couples that can minimize estate taxes by splitting assets between two separate trusts when one spouse dies. While a federal provision that went into ...
Dear Readers: This question comes up frequently, so I am dusting off and updating a prior column to present this information again. Happy spring! Question: My husband and I have been faithfully ...
A trust was created to address this To address this problem, the AB, or bypass, trust concept was created. Often, a formula is embedded into the trust that compels the allocation of all or a portion ...