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Anyone can develop an unique requirements trust,as long as the needed language is consisted of Especially if you have a large estate,or many beneficiaries,a living trust is usually the best choice for handling distribution of property,avoiding probate,and minimizing estate taxes The Law Firm of Steven F.Bliss Esq.The trust lasts as long as it is required.
But any primary your partner receives (unless the circulation is because of “difficulty” as specified by the IRS),plus assets remaining in the QDOT when your spouse dies,will be taxed as if they became part of your estate when you died (at your highest estate tax rate) The Law Firm of Steven F.Bliss Esq.(858) 278-2800 Probate Lawyer There are some scenarios where a revocable trust is beneficial it is normally not needed.

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