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Posted April 18, 2013 6:46pm. I agree that your question is not entirely clear. U/A is a common abbreviation used when referring to a trust agreement. If Jack Doe is acting as Trustee of the John Doe Living Trust, then the above caption would appear to be fine. James Frederick. ***Please be sure to mark if you find the answer helpful or a best answer.
QTIP, by the way, is an abbreviation for âQualified Terminable Interest Property.â You can see why people prefer the catchy acronym to the full name. How a QTIP Trust Works to Control Property. Each spouse can set up a QTIP trust, leaving assets to the other in trust.