Marital Deduction Trust

Learn about the definition for this legal term.

What is Marital Deduction Trust?

Most marriage-oriented trusts postpone payment of estate taxes until both spouses in a marriage have died. A marital deduction trust allows a couple to make the most financially beneficial use of the marital deduction against the federal estate tax.

Further Reading

For more detailed information, see our related Wills Trusts And Estates terms:

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