Residual interest is the interest which an investor receives after all the required regular interest within high priority tranches. A residual interest continues to accrue to the credit card balance from the statement cycle date until the bank receives payment.
Gilbert Arizona Marital-deduction Residuary Trust with a Single Trustor and Lifetime Income and Power of Appointment in Beneficiary Spouse Related Searches
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This type of trust can help reduce estate taxes, provide steady income for your spouse, and ensure that your assets are managed in a way that aligns with your intentions, giving you peace of mind.
The trust acts like a safety net, ensuring your spouse has access to funds and resources while also protecting the assets from taxes and ensuring they are passed on according to your wishes.
Yes, you can make changes to your trust, but it’s best to consult with a legal expert to ensure everything is still in sync with your wishes.
The Power of Appointment gives the spouse the authority to decide how the remaining assets will be distributed after their lifetime, making them feel more in control of future decisions.
A Marital-deduction Residuary Trust is a way to pass on your assets to your spouse after you’re gone, keeping them safe from taxes and ensuring they get the most benefit.