A Credit Shelter Trust (CST) is one tool that allows a married person to shelter assets from estate tax. Upon the death of the person, assets are transferred to the beneficiaries named in the trust – free of estate tax.
Archive for the tag 'Tax Planning'
By Eileen W. Siegeltuch, Esq. & S. Paul Prior, Esq.
It has been said that there are only two things you can count on: death and taxes. In this case – there is some good news. In the final days of 2010, Congress enacted the Tax Relief Act, bringing changes – and some relief – [...]