See also. 1  Album graecum. 2  Anaerobic digestion. 3  Chicken manure. 4  Coprophilous fungi. 5  Cow dung. 6  Dry animal dung fuel. 7  Liquid manure. 8  Manure spreader.
In cases in which a family is subject to a trust whose provisions do not account for significant changes to the business or the family, we may discuss the possibility of decanting the trust. Decanting a trust is a process in which the assets of an existing trust âpour intoâ a new trust, which is structured to address the incorrect or conflicting matter. Vogel worked with a family that had assets âtrappedâ inside a trust that would be included in the surviving spouseâs taxable estate.
Tax Results of Terminating QTIP Trust. Many of todayâs modern estate plans employ a marital trust under Code sections 2056(b)(7) or 2523(f) known as a QTIP trust (QTIP stands for Qualified Terminable Interest Property). This is a trust which grants a life income interest to spouse and upon his or her death, named beneficiaries receive the remainder.