One-Party Trust for Nebraskans, The
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Authors
Fasan, Irving E.
Issue Date
1973
Volume
6
Issue
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
FIRST PARAGRAPH(S)|There are a number of situations in which a special kind of funded, revocable inter vivos trust, namely one in which the settlor is also originally the sole trustee and the primary income and principal beneficiary, may serve a useful purpose. Nebraska attorneys, however, may hesitate to use this type of trust either because they are not familiar with it or because they may have doubts about its validity. If, however, an attorney is reasonably convinced that a one-party trust is valid, and especially if he has such a trust form available in either semi-automated or partly pre-printed form, he will soon find that the trust is both a sound estate planning device as well as an economically feasible one...
Description
Citation
6 Creighton L. Rev. 156 (1972-1973)
Publisher
Creighton University School of Law