Sentence examples for bypass trust from inspiring English sources

A bypass trust takes care of my biggest concerns.

With a bypass trust, the husband's exemption is kept alive and shelters an additional $1 million.

For Christine and me, that step is a credit shelter, or so-called bypass, trust.

(The wife can disclaim, or reject, assets left to her by her husband and put them into his bypass trust).

Since money in the bypass trust is covered by the exemption amount, it will not be taxed when you die.

"How do you know, when you update your will, whether to put in a bypass trust?" she asked.

For instance, if you die with $3.5 million of your own, your spouse's entire inheritance would go into the bypass trust.

A bypass trust that gobbles $1 million this year of a $1.2 million estate, for example, wouldn't give the wife in this example much breathing room.

If you put more in the bypass trust, there's no federal tax on this sum when you die, but your heirs must immediately pay state estate tax.

Your plan already includes a bypass trust.

Do I still need a bypass trust?