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A Royal Pain?

How longevity and changing family dynamics can make sprinkle trusts more complex.

Imagine, for a moment, the following: Your clients, George and Elizabeth, have decided to update their documents. Their two daughters, Elizabeth (Lilibet) and Margaret, are getting older, and their estate plan is a little out of date. You explain that their current plan is a typical A/B plan with an estate tax sheltered family trust and a marital trust with separate trusts for their children on the surviving spouse’s death. Each child is given the power to withdraw half of the principal at 30


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