Unitrust — an interesting alternative for some trusts

Elder Law Issues
10/12/2023 10 min

Listen "Unitrust — an interesting alternative for some trusts"

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Episode Synopsis

So what is a “unitrust”? It’s simple, really: in a unitrust arrangement, the trustee distributes a percentage of the value of the trust each year, rather than all of the actual income. This can free the trustee to make better investment decisions. It also improves the remainder beneficiaries’ position. And, finally, it helps the income beneficiary predict (and rely on) their actual distributions — and, often, increase those distributions over time.
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