Legal Question in Wills and Trusts in Ohio

crummy trust

what is the purpose of a crummy trust?


Asked on 8/19/08, 9:59 pm

1 Answer from Attorneys

Nancy Fioritto Patete Nancy Fioritto Patete, Esq.

Re: crummy trust

This is a very simplistic answer, but a Crummy Trust controls the distribution of money to children and at the same time avoids estate taxes.

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Answered on 8/21/08, 2:35 pm


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