Can Standard Legal’s Living Trust Software Be Used to Create a QTIP?

A QTIP Trust is a provision in a Trust, not a type of Trust.

The QTIP provision permits the surviving spouse to receive income from the trust’s assets for life, with the trust’s principal being left to the grantor’s children upon the passing of the spouse.

And yes, Standard Legal’s Living Trust software does contain one structure with the QTIP provision.

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