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bypass trust * 1.TRUST, BYPASS - Also called a marital life estate or an A-B trust. A trust designed to help couples with combined assets over $600,000 save money on estate taxes. A bypass trust allows each member of a couple to use the $600,000 estate tax exemption English Related Words* absolute trust * active trust * airport and airways trust fund * al-rashid trust * anti trust * asset protection trust * bank trust department * betray one's trust * betray smb.'s trust * betrayal of trust * betrayed his trust * blind trust * brain trust * brains trust * breach of trust |
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