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23.pdf - Print Form Vehicle Registration Transfer...
Get 23.pdf - Print Form Vehicle Registration Transfer...
Print FormVehicle Registration Transfer ApplicationReset FormTransport Operations (Road Use Management) Act 1995Warning: It may be an offence if the acquirer does not lodge a completed Vehicle Registration.
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V01 FAQ
Credit Shelter Trust vs Marital Trust - Is a Marital Trust the Same as a Credit Shelter Trust? No. A Marital Trust is a type of Credit Shelter Trust. You and your spouse can use a Marital Trust to pass assets to a surviving spouse, children or grandchildren.
The B trust is known by many names. These include the Bypass Trust, Decedent's Trust, Exemption Trust, Credit Shelter Trust, and/or the Non-Marital Trust. Often, a formula will dictate how much of the assets must go into the A trust, and how much must go into the B trust after the first death.
A credit shelter trust is a trust that is established in the will or living trust of the first to die of a married couple, most often for the benefit of a surviving spouse. It is generally created to avoid estate taxes at a first spouse's death by taking advantage of the available federal estate tax credit.
May the Surviving Spouse Act as Trustee? Yes, the surviving spouse may serve as trustee of the credit shelter trust. If the spouse serves as the sole trustee he or she must be restricted to using income and principal for needs related to health, education, support and maintenance.
To help you get started on understanding the options available, here's an overview the three primary classes of trusts. Revocable Trusts. Irrevocable Trusts. Testamentary Trusts.
A credit shelter trust (CST) is a trust created after the death of the first spouse in a married couple. Assets placed in the trust are generally held apart from the estate of the surviving spouse, so they may pass tax-free to the remaining beneficiaries at the death of the surviving spouse.
There are three types of marital trusts: a general power of appointment, a qualified terminable interest property (QTIP) trust, and an estate trust. A martial trust protects the assets and benefits of a surviving spouse and children.
A credit shelter trust (CST) is a trust created after the death of the first spouse in a married couple. Assets placed in the trust are generally held apart from the estate of the surviving spouse, so they may pass tax-free to the remaining beneficiaries at the death of the surviving spouse.
The primary benefit of CSTs is that the surviving spouse can use the trust's principal and income during the remainder of their lifetime, for example, for medical or educational expenses. The remaining assets then pass to the beneficiaries and are not subject to estate taxes.
A marital trust is an irrevocable trust that lets you transfer a deceased spouse's assets to the surviving spouse without incurring any taxes. The trust also protects assets from creditors and future spouses the surviving spouse may encounter.
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