Section 29 Other Provisions

• Library: Trust and Estate Legislation 2012

The QSJT Statute, § 456.950, RSMo Supp. 2011, expressly provides that a QSJT may contain any other terms that are not inconsistent with the above requirements. Note that there is no requirement in the statute that both or either of the settlors must be trustees or a trustee. A drafter should include in a QSJT all the usual provisions that would normally be included in separate trusts for spouses, with a spendthrift clause being essential. As set forth in §30 below, tax...