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Investing Glossary:
Qualified Terminable Interest Property Trust (Q-TIP)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Qualified Terminable Interest Property Trust (Q-TIP)
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| Definition: |
| A Trust that allows a surviving spouse to receive income generated from the trust, while the actual Distribution of the trust`s Assets is made to other beneficiaries such as the grantor`s children.
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