Section 21 Funding Critical

• Library: Trust and Estate Legislation 2012

It may be wise with respect to both new and old trusts to establish brokerage and bank accounts known to be titled as tenancy by the entirety, transfer all assets to those accounts, obtain appropriate account statements, and then transfer the assets from those accounts to the QSJT. This may entail transferring assets out of old trusts and then back to that trust, but it may be the only safe course. The fact that real estate was held as tenants by the entirety before being transferred to the QSJT should be...