QTIP Family Medical Trusts

Create Tax Planning examples like this template called QTIP Family Medical Trusts that you can easily edit and customize in minutes.


Text in this Example:

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
Income and
principal to spouse
John Smith's Revocable Trust
Death of
QTIP Trust
Income only
to spouse
Family Trust
Dispersed any
way desired
John Smith passes deceased spouse's
assets to Family Trust any way he desires.