FSP Article 2014 May

Should Assets Stay in a Nonmarital Trust or Be Distributed to a Surviving Spouse?

With the twists and turns that have affected both estate tax planning and income tax planning, certain long-held assumptions may need close examination. A variety of factors may sustain the continuation of a nonmarital trust. However, in certain cases it may be best to reconsider, particularly if the remainder beneficiaries receive no estate tax benefit and wonder why they wound up with income tax expense that could have been avoided.

FSP Article 2014 May (Click here to download PDF)