John J. Kamrar, Attorney at Law, P.S. - Estate Planning and Administration
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Bypass Trusts

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Bypass Trusts

Many practitioners are unaware of the use of bypass trusts for married couples for purposes other than estate tax avoidance.  A well-crafted bypass trust is able to avoid depletion of the decedent's estate by the surviving spouse in a number of instances.  Among those are nursing home expenses and spenddown.  A surviving spouse's liability for tort or contract cannot affect the bypass trust of the decedent.  This technique is not limited to use by the very wealthy---it protects estates for any citizens who wish to assure that their heirs receive their inheritance, rather than having the funds spent on government reimbursement for services, or on judgment creditors.

7 Comments to Bypass Trusts:

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Adam Henry on Saturday, November 17, 2012 1:08 AM
Lovely expose!! I'm delighted to know about the Bypass Trusts from this post which has really impressed me. Thanks for this nice allocation and carry on..
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Heath Davilla on Monday, November 19, 2012 3:10 AM
I got your post about the Bypass Trusts as well. It is really a informative sharing to helps people to know about this issue. Thanks and carry on..
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Kutti Machine on Wednesday, August 21, 2013 5:04 AM
A surviving spouse's liability for tort or contract cannot affect the bypass trust of the decedent.
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jobs in canada on Tuesday, August 12, 2014 6:33 PM
Great to know about the post.Thanks for share more details. Hope. I can get the chance to use your services. thanks for the post.
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www.Impairedlawdesk.com on Thursday, December 22, 2016 12:50 AM
Among those are nursing home costs and spenddown. A surviving life partners risk for tort or contract can't influence the sidestep trust of the decedent.
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Bing Ads coupons on Tuesday, July 03, 2018 3:11 AM
This technique is not limited to use by the very wealthy---it protects estates for any citizens who wish to assure that their heirs receive their inheritance.
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wholesale eyelashes on Tuesday, June 04, 2019 2:10 AM
Bypass Trusts
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