Abstract
When appropriate, income-only trusts can achieve the multiple objectives of preserving assets while minimizing tax liability, protecting assets against the possibility of long-term care costs, and retaining control of the grantor. This article examines the important factors that need to be considered to use income-only trusts successfully.
Repository Citation
Castle, Billie M.
(2012)
"Income-Only Trusts: A Win-Win-Win Option in Estate Planning,"
Marquette Elder's Advisor: Vol. 3:
Iss.
1, Article 8.
Available at:
https://scholarship.law.marquette.edu/elders/vol3/iss1/8
