§ 17:33. Bypass trust will—Provision—Bypass trust to sprinkling family trust then to children's trusts—Surviving spouse is only beneficiary to bypass trust—Surviving spouse possesses no power of appointment over bypass trust | Secondary Sources | Westlaw
Donald J. Malouf, Henry J. Lischer, Jr., Alex E. Nakos
Part V. Wills Establishing Testamentary Trusts for Taxable Estates
Chapter 17. Wills for Married Person with Children: Separate Estates Are Not Subject to Federal Estate Tax but the Combined Total of the Two Estates Is Subject to Tax
II. Forms—Tax Planning by Division of Estate in Will of Testator
C. Bypass Trust Terminates After Death of Surviving Spouse by Distribution to Sprinkling Family Trust for Underage Children—Sprinkling Family Trust Terminates by Distribution to Children's Trust
2. Surviving Spouse Is the Only Beneficiary of the Bypass Trust
§ 17:33. Bypass trust will—Provision—Bypass trust to sprinkling family trust then to children's trusts—Surviving spouse is only beneficiary to bypass trust—Surviving spouse possesses no power of appointment over bypass trust