§ 27:37. Two-grantor RMTA for married person with children—Provision—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—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 descendants (subject to contingent trust for underage person)—Surviving spouse possesses no power of appointment over bypass trust | Secondary Sources | Westlaw

§ 27:37. Two-grantor RMTA for married person with children—Provision—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—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 descendants (subject to contingent trust for underage person)—Surviving spouse possesses no power of appointment over bypass trust | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, § 27:37. Two-grantor RMTA for married person with children—Provision—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—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 descendants (subject to contingent trust for underage person)—Surviving spouse possesses no power of appointment over bypass trust, Legal Forms
11C West's Tex. Forms, Estate Planning § 27:37 (4th ed.)
West's Texas Forms
|
May 2023 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
4. Bypass Trust Terminates After Death of Surviving Spouse by Distribution to Descendants (Subject to Contingent Trust for Underage Person)
(1) Surviving Spouse Is the Only Beneficiary of the Bypass Trust
§ 27:37. Two-grantor RMTA for married person with children—Provision—After death of first grantor to die, trust estate divided into spouse's, marital, and bypass funds—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 descendants (subject to contingent trust for underage person)—Surviving spouse possesses no power of appointment over bypass trust
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.