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a authorized arrangement during which you give someone or Corporation the ideal to manage money or property for a selected person or group of individuals that you have selected to receive The cash:
Competent terminable curiosity house (QTIP) trust: When the 1st wife or husband dies, the belongings in the trust account assist the surviving husband or wife; in 1trustbet the event the surviving spouse dies, the remaining assets go solely to the 1st partner’s decided on beneficiaries.
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