§ 27:14. Summary of estate plan—Two-grantor RMTA for married person with children—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—Spousal, marital and bypass funds in trust—Bypass trust for sole benefit of surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to separate children's trusts—Surviving spouse possesses no power of appointment over bypass trust | Secondary Sources | Westlaw

§ 27:14. Summary of estate plan—Two-grantor RMTA for married person with children—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—Spousal, marital and bypass funds in trust—Bypass trust for sole benefit of surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to separate children's trusts—Surviving spouse possesses no power of appointment over bypass trust | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, § 27:14. Summary of estate plan—Two-grantor RMTA for married person with children—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—Spousal, marital and bypass funds in trust—Bypass trust for sole benefit of surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to separate children's trusts—Surviving spouse possesses no power of appointment over bypass trust, Legal Forms
11C West's Tex. Forms, Estate Planning § 27:14 (4th ed.)
West's Texas Forms
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May 2024 Update
Estate Planning
Donald J. Malouf, Henry J. Lischer, Jr., Alex E. Nakos
Part VIII. Revocable Inter Vivos Management Trusts for Taxable Estates
Chapter 27. Two-Grantor RMTAs for Married Person with Children
II. Forms
A. Revocable Management Trust Agreements—With Bypass Trust
1. Bypass Trust Terminates After Death of Surviving Spouse by Distribution to Separate Children's Trusts
c. Summary of Estate Plan
§ 27:14. Summary of estate plan—Two-grantor RMTA for married person with children—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—Spousal, marital and bypass funds in trust—Bypass trust for sole benefit of surviving spouse—Bypass trust terminates after death of surviving spouse by distribution to separate children's trusts—Surviving spouse possesses no power of appointment over bypass trust