"trust" in inglés with examples - Collocation dictionary inglés
- DuPont died in 1935 and left an estate worth $27 million to a testamentary trust.
- There are four parties involved in a testamentary trust:
- A testamentary trust is a legal arrangement created as specified in a person's will, and is occasioned by the death of that person.
- For individuals with high marginal tax rates a testamentary trust can 'restart' the tax calculation.
- However, a testamentary trust may be a better solution if the expected estate is small compared to potential life-insurance settlement amounts.
- A testamentary trust is one created by being written into a will to provide for management of assets to be inherited by beneficiaries.
- A trust created in an individual's will is called a testamentary trust.
- Because a will can become effective only upon death, a testamentary trust is generally created at or following the date of the settlor's death.
- A living or intervivos trust changes to a testamentary trust.
- A will may also create a testamentary trust that is effective only after the death of the testator.
Click on the heading to expand the collocation groups, collocations and sample sentences.
eTutor English
Historial de búsqueda
Podcasts
Aplicaciones móviles y complementos Diki
About Diki
Enviar sugerencia