Disclaimer Trust

This document is a will that provides for funding of a trust by the surviving spouse for estate tax saving purposes. The surviving spouse can determine the amount of assets to be put into the trust after the deceased spouse's death. The trust provisions in the will can be drafted to provide for trust income payments to the surviving spouse and for access to the trust assets by the surviving spouse when required to maintain the surviving spouse's standard of living. In addition, when minor children are involved, the trust can be written to provide for management of assets passing to the minor children at the death of the surviving spouse and to provide for retention of the trust assets past the age of 21. Parents can decide to arrange for transfer of all trust assets to their children at a specified age or may specify transfer of trust assets in portions at specified ages.

Lange Law Firm, P.A.
Highland Bank Building, 5270 West 84th St, Suite 300, Bloomington, Minnesota 55437-1385
Phone: (952) 837-1900, Fax: (952) 835-2236, Email: info@willandtrust.com