Section 28 Tax Planning QSJT

• Library: Trust and Estate Legislation 2012

To create a tax planning joint QSJT, the terms of the trust must provide that during the joint lives of the settlors:

· the trust estate must be held as two separate shares of one trust for the benefit of each settlor;

· each separate share must be revocable only by one settlor without the participation or consent of the other settlor...