What is another word for bypass trust?

Pronunciation: [bˈa͡ɪpas tɹˈʌst] (IPA)

A "bypass trust" is a legal arrangement often used in estate planning to minimize estate taxes. It enables a person to pass on their assets to their heirs while avoiding estate taxation on the bypassed amount. Alternative terms for a bypass trust include "AB trust" or "credit shelter trust". These synonyms refer to the same concept of maximizing tax advantages in transferring wealth. Bypass trusts have gained popularity due to their ability to ensure a smooth transfer of assets without incurring excessive tax burdens. Overall, understanding and utilizing synonyms for the term "bypass trust" is essential when planning for the distribution of assets and minimizing tax liabilities.

What are the opposite words for bypass trust?

The term "bypass trust" refers to a type of trust that helps to pass on assets to beneficiaries without incurring estate taxes. Antonyms for bypass trust include "taxable estate," "inherited estate," and "full estate." These terms denote an estate that is subject to taxation after the death of its owner. Unlike a bypass trust, assets in a taxable estate are not exempt from estate taxes and may reduce the amount of inheritance that beneficiaries receive. An inherited estate is an estate that passes on to beneficiaries through a will or intestacy laws, whereas a bypass trust is established by the owner of an estate during their lifetime for the benefit of their heirs.

What are the antonyms for Bypass trust?

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