estate trust

A trust that is established to qualify a deceased spouse’s property for the marital deduction.

• The trustee may be given discretion to distribute principal or income to the donor’s spouse if the donor also provides that, at the surviving spouse’s death, any accumulated income and remaining principal must be distributed to the surviving spouse’s estate. See marital deduction under DEDUCTION.

---

词条贡献者

译者Gloria，毕业于法国顶尖的高级翻译学院，擅长翻译各种与企业设立相关的法律文件。