QDOT Drafting Scenario
There is not an option in the program to leave real property directly to a trust, other than an SNT, but there are two different (and relatively quick) work-arounds.
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Drafting Scenarios
Drafting Scenarios are developed from drafting questions Subscribers have sent to InterActive Legal Content Support in which fact patterns are submitted in order to determine which InterActive LegalSuite documents and/or profiles would be most efficient to use for drafting.
If you do not find a fact pattern that is similar to your situation please email content@interactivelegal.com so that our Content Team may provide assistance and add to this database.
The client wants to pay for their siblings’ homes and place them in a trust to protect against…
We would recommend using the "Single Beneficiary Irrevocable Trust," creating one trust for each sibling.
The client has three children but wishes to leave the residue/remainder of the marital trust to…
There are two options you have to draft this scenario.
Create conduit sub-trusts for retirement benefits for minor children in the Essentials Planning…
In all systems, you can add conduit trust provisions to the “Descendants’ Separate Trusts” within the program. You will also want to check out the Secure Act Drafting Guide, which can be found in the ILS Resource Library.
Place a house in a IDGT (swapping power)
In the past when a user has asked about a profile for an IDGT, it has been recommended you could start with the “Grantor Trust for Descendants Only; GST planning (married).
Could we include language that allows a disinterested trustee to prevent a beneficiary from…
We have “hold back” provision on the Optional Provisions interview screen, which is designed for this purpose.
Delaware SLAT with Directed Trustee language
You will find the SLAT form under the Irrevocable Trusts section of the document tree in InterActive Legal.
Georgia estate plan for a married couple with no children.
To draft this plan, we would start with the three-trust plan.
Trust cannot provide for an SNT for the spouse
We do not include a spousal SNT in any revocable trust document because, according to federal law, an SNT for a spouse must be "testamentary."
Essential Practice System: Restating a stand-alone conduit trust (benefiting the surviving spouse…
Assuming we understand correctly, you want the new or restated trust to leave the property to the spouse in a conduit trust if living, and to descendants in separate accumulation trusts if the spouse is not living.
