QTIP Family Medical Trusts

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QTIP Family Medical Trust
QTIP trusts are ideal when there are children from a prior marriage, children, parents, bothers, or sister involved.
QTIP trust arrangements allow for broader use of the marital deduction.
Marital Trust
$700,000
Income and
principal to spouse
John Smith's Revocable Trust
$5,300,000
Death of
Spouse
QTIP Trust
$2,100,000
Income only
to spouse
Family Trust
Dispersed any
way desired
John Smith passes deceased spouse's
assets to Family Trust any way he desires.