§ 27:51. 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 and first decedent's funds—Spouse's fund passes to spouse's trust and the balance of the first decedent's fund (the residuary trust estate) passes to marital trust for sole benefit of surviving spouse—Marital trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person) | Secondary Sources | Westlaw

§ 27:51. 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 and first decedent's funds—Spouse's fund passes to spouse's trust and the balance of the first decedent's fund (the residuary trust estate) passes to marital trust for sole benefit of surviving spouse—Marital trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person) | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, § 27:51. 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 and first decedent's funds—Spouse's fund passes to spouse's trust and the balance of the first decedent's fund (the residuary trust estate) passes to marital trust for sole benefit of surviving spouse—Marital trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person), Legal Forms
11D West's Tex. Forms, Estate Planning § 27:51 (4th ed.)
West's Texas Forms
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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
B. Revocable Management Trust Agreement—QTIP Election
2. Summary of Estate Plan
§ 27:51. 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 and first decedent's funds—Spouse's fund passes to spouse's trust and the balance of the first decedent's fund (the residuary trust estate) passes to marital trust for sole benefit of surviving spouse—Marital trust terminates after death of surviving spouse by distribution to descendants (subject to contingent trust for any underage person)
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