bypass trust

A trust into which just enough of a decedent’s estate passes, so that the estate can take advantage of the unified credit against federal estate taxes. 26 USCA § 2010.

— Also termed credit-shelter trust; A–B trust; marital life-estate trust. See unified estate-and-gift tax credit under TAX CREDIT.

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词条贡献者

双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与国际税法相关的法律文件。