Qtip - Law Dictionary Search Results
QTIP
Matched in: Term QTIP
QTIP trust
Matched in: Term QTIP trust
property
power to appoint any part of the property to any person other than the surviving spouse see also QTIP trust at trust NOTE: Under federal tax law the property must be included in the gross estate of
Keep your definitions linked to case research
trust
when property is purchased with title in the name of one person but using the money of another QTIP trust [kyü-tip-] : a trust to which qualified terminable interest property is transferred for purposes of taking the
- ‹ Prev
- Next ›
Try the research workspace - 7 days free