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True or False? Married couples who do not want highly appreciating assets to be taxed in...

True or False? Married couples who do not want highly appreciating assets to be taxed in the surviving spouse’s estate and want these assets to be protected from creditors should each consider funding a marital deduction trust for the spouse.

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It is true that married couple who do not want highly apreciating assets to be taxed in the surviving spouse's estate and want these asset to be protected from creditores should each consider funding a marital deduction trust for the spouse.

For a trust to qualify for the marital deduction the surviving spouse must be the only beneficiary of the trust dusirng his lifetime, that is, he or she is the only person who receives any money or property from the trust for as long as he or she lives and this is the most commonly used marital trust.

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