The remainder of the assets will pass to desired beneficiaries estate tax
free upon expiration of the specified term.
Not exact matches
A charitable lead trust (CLT) designates a rate of return or income to be paid to the charity over a specified time period and is more commonly used for estate tax planning because the balance of the estate assets will pass to beneficiaries
free of estate taxes
upon expiration of that time period.
IEC shall have the right to immediately suspend Services
upon expiration of Customer's
Free Trial Period.