Cascading Testamentary Trusts
Cascading Testamentary Discretionary Trusts (TDTs) refer to an estate planning structure whereby the assets of one TDT are transferred (or ‘cascade’) into one or more TDTs on the happening of a specific event. For example, say TDT1 is established for the benefit of the surviving spouse and any children. The terms of TDT1 could provide […]
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