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The remainder of the estate passes to a partner tax-totally free. Cash put in a credit shelter trust are without end freed from estate taxes, even if they mature.[ C ] a authorized arrangement where somebody or Group controls house and/or dollars for an additional man or woman or Corporation:
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The trust's beneficiaries are people who take advantage of the trust, along with the trustee ensures that the beneficiaries are paid out.
[countable, uncountable] (legislation) an arrangement by which a company or a group of men and women has lawful Charge of income or residence that has been offered to someone, usually until eventually that man or woman reaches a specific age; an amount of money or property that's controlled in this manner
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All e-Trust blind trust Mind trust set trust trust deed trust fund unit ทรัสเบท trust See all meanings Idioms and phrases trust a person (to try and do one thing)! idiom
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Underneath the phrases of the trust he receives desire on The cash, but he can't get at The cash itself.
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