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Living Trust for Husband and Wife with One Child West Virginia Form

Living Trust for Husband and Wife with One Child West Virginia Form

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hi everyone welcome to another episode of the ask amity show today we'd like to talk to you about the av trust for married couples so what is an av trust an ab trust is a trust created by married couples to help the potential minimizing estate taxes and for the surviving spouse when one spouse passes away so how does an a b trust work the process of an av trust is to split the married couple's assets into two separate living trusts which is also referred to as the ahrefs and the b trust couples can split their assets into equal parts and place them into each dress so the pros and cons of a a b trust the pros um an av trust can be beneficial for couples who reside in a state without a portability for exemptions such as status state estate taxes a bypass trust provides asset protection generally a surviving spouse's assets or are susceptible to creditors and perhaps depletion by children or a significant other however an appropriately funded bypass trust protects

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