Friday, February 10, 2012
Asset Protection Trust in Veterans Benefits Planning
An Asset Protection Trust ("APT") is an Intentionally Defective Grantor Trust. An Intentionally Defective Grantor Trust is a trust that treats the assets in the trust differently for income tax purposes than for estate tax and gift tax purposes. The veteran will be the grantor, however not a beneficiary. More information: click here to view more of this
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