Credit Shelter Trusts Examples
Credit Shelter Trusts Examples
We have set forth below examples of two different estate plans and how the use of a credit shelter trust might reduce or eliminate Federal Estate Taxes.
Example A - Simple Wills Example B - Wills with Credit Shelter Trusts
[Examples currently being updated]
Warning: This Table and its contents are for informational purposes only and do not constitute legal advice. The Table ignores many variables such as the state inheritance tax, the state death tax deduction, possible increased tax due to prior gifts, other available deductions, etc. The particular circumstances may affect a person's tax obligations and tax rates. You should consult an attorney in the state where you reside to determine how the Federal Estate Tax should be calculated in your particular situation and what tax savings might be available from the use of a credit shelter trust before acting on any information contained here.
Notice Pursuant to Final Regulations Under Circular 230, effective June 20, 2005
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