What is a Credit Shelter Trust?

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Uploaded by on Sep 1, 2010

Attorney Ricky Berger explains what a Credit Shelter Trust, CST, is.
The Credit Shelter Trust (the "CST") is a mechanism to allow a spouse to use (not waste) the full estate tax exemption. The beneficiaries of the trust are usually the children. The spouse receives a life estate and has full use of the income and can even use the principal in limited circumstances for his or health and maintenance.

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