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WILLS AND TRUSTS NEWS ARTICLES


 
In New York, Woman Guilty of Embezzling Nearly $200,000 of Inheritance Mone...
oag.state.ny.us
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  WILLS RESOURCES

  • FAQ About Wills

  • Wills & Trusts Terms

  • Facts on Wills & Trusts



  • Estate Planning

    Asset Protection

    New York Wills Attorney

    New York Power Of Attorney

    Types of Trusts

    Living Trusts


    Glossary Terms:

    QTIP Trust - A marital trust for which a federal estate tax election is made. It provides that the surviving spouse is entitled to all of the income from the trust property, to be paid at least annually.

    Adverse Party - Anyone having a substantial beneficial interest in the trust that would be adversely affected by the exercise/non-exercise of their power with respect to the trust.

    Corpus - The principal or funds of a trust, as distinguished from the income of a trust.

     


    Talk to our New York proWills and Trusts Lawyers for these above topic details.


     

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