§ 17:66. Will—Provision—Spouse's fund and bypass fund outright to surviving spouse with standby bypass trust for any amount disclaimed by surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person)—Surviving spouse possesses no power of appointment—Surviving spouse and children are beneficiaries of the bypass trust | Secondary Sources | Westlaw

§ 17:66. Will—Provision—Spouse's fund and bypass fund outright to surviving spouse with standby bypass trust for any amount disclaimed by surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person)—Surviving spouse possesses no power of appointment—Surviving spouse and children are beneficiaries of the bypass trust | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, § 17:66. Will—Provision—Spouse's fund and bypass fund outright to surviving spouse with standby bypass trust for any amount disclaimed by surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person)—Surviving spouse possesses no power of appointment—Surviving spouse and children are beneficiaries of the bypass trust, Legal Forms
11A West's Tex. Forms, Estate Planning § 17:66 (4th ed.)
West's Texas Forms
|
May 2023 Update
Estate Planning
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
III. Forms—Tax Planning by Division of Estate by Disclaimer of Surviving Spouse
D. Bypass Trust Terminates After Death of Surviving Spouse by Distribution to Descendants (Subject to Contingent Trust for Underage Person)
§ 17:66. Will—Provision—Spouse's fund and bypass fund outright to surviving spouse with standby bypass trust for any amount disclaimed by surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person)—Surviving spouse possesses no power of appointment—Surviving spouse and children are beneficiaries of the bypass trust
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