7 More Family Office Resources:

• B-trust Family Office Definition: B-trust B-trust definition:  Same as an irrevocable credit shelter trust. A B-trust is the deceased person's share of an A/B trust.  See A/B trust for more information. Download our free Family Office ...
• Non-Marital Trust Family Office Definition: Non-Marital Trust Non-Marital Trust definition:  see credit shelter trust definition for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family Office Definitions Tags: What is ...
• Revocable Trust Family Office Definition: Revocable Trust Revocable Trust definition:  A revocable trust can be modified or revoked through a restatement (or an amendment). Download our free Family Office Report to learn more about the family office industry. Read ...
• Exemption Trust Family Office Definition: Exemption Trust Exemption Trust definition:  An exemption trust is irrevocable and avoids estate taxes on trust assets held by a married couple. The trust is funded from the first spouse's estate. ...
• General Power-of-Appointment Marital Trust Family Office Definition: General Power-of-Appointment Marital Trust General Power-of-Appointment Marital Trust definition:  A general power-of-appointment marital trust is a type of marital trust that provides lifetime income to a surviving spouse. The surviving spouse ...
• Marital Trust Family Office Definition: Marital Trust Marital Trust definition:  A marital trust transfers your estate to a spouse, while also protecting the inheritance for your children.  The surviving spouse is not permitted to leave the ...
• Estate Trust Family Office Definition: Estate Trust Estate Trust definition:  An estate trust is a type of marital trust that provides discretionary income to a surviving spouse.  Principal and income are transferred to the estate of ...