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Kiplinger
Kiplinger
Business
Mike Palmer, CFP®

This Is How the 'Brady Bunch' Safety Net (aka a QTIP Trust) Protects Your Kids' Inheritance

(Image credit: Getty Images)

When it comes to estate planning in a second marriage, there can be competing goals — making sure your current spouse is provided for and ensuring assets go to your children from a previous marriage.

Luckily, there's an estate planning tool available to address this challenge — the qualified terminable interest property trust, or QTIP trust.

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