BDITs and BDON'Ts

As clients, attorneys and advisors were just getting comfortable with the beneficiary defective inheritor's trust (BDIT), certain practitioners have attempted to extend its use and structure. Many of these attempted extensions, referred to in this article as have resulted in confusion and uncertainty as to whether the BDIT strategy is viable and will stand the test of time.1 BDIT variations don't

Katarinna McBride | Mar 01, 2012

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As clients, attorneys and advisors were just getting comfortable with the beneficiary defective inheritor's trust (BDIT), certain practitioners have attempted to extend its use and structure. Many of these attempted extensions, referred to in this article as “BDON'Ts,” have resulted in confusion and uncertainty as to whether the BDIT strategy is viable and will stand the test of time.¹

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TAGS: Research / WMIQ Estate Planning News

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