revisionary trust Definition

revisionary trust

Definition

Irrevocable trust that becomes a revocable trust after a specified period of time or upon the death of the grantor. For the period that the trust is irrevocable, the donor does not include it as part of his/her estate when reporting taxes.

Copyright©2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Law & Estate Planning' Terms

escrow
fiduciary
arm's length transaction
irrevocable trust
revocable trust

per stirpes
bill of exchange
letters testamentary
joint venture
escrow account

Related Personal Finance Articles

Loading...

revisionary trust in the news

Loading...

Tools

revisionary trust is ...

... part of the Law & Estate Planning subject.

Nearby Terms

reverse swap
Reverse Take-Over
reverse-annuity mortgage
reversing trade
revert
revisionary trust
revocable trust
revocation
revoke
revolving collateral
revolving line of credit

Search volume for revisionary trust

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©