Additionally, bypass trusts provide protection over the assets you leave in trust for your beneficiaries from would - be creditors. (regentatlantic.com)
Two popular tax - cutting strategies include using bypass trusts and setting up irrevocable life insurance trusts. (humbledollar.com)
The purpose of an A-B trust arrangement (also called a «marital and bypass trust combination») is to enable both spouses to use the applicable estate tax exemption upon their deaths, which shelters more assets from federal estate taxes. (ufcu.pfyfn.com)