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When one spouse passes away, assets up to the value of the estate tax exemption are transferred into the bypass trust. The surviving spouse can benefit from these assets during their lifetime ...

A marital trust, however, provides the surviving spouse with access to the assets during their lifetime and passes remaining assets to other beneficiaries later, which may result in higher estate ...

When one spouse passes away, assets up to the value of the estate tax exemption are transferred into the bypass trust. The surviving spouse can benefit from these assets during their lifetime, often ...

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“So, if the pensioner chose a lower lifetime benefit to have a higher survivor benefit for their spouse, they are stuck with that lower lifetime benefit even if they no longer have a spouse,” M ...

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