Financial Insanity 1-25-25: What are QTIP Trusts

This is Financial Insanity w-Scott McLean.  Today's show is what are QTIP trusts.  They are very important because under this trust, income is paid to a surviving spouse until that spouse's death.  Then, the balance of the funds is paid to beneficiaries.  It can be a useful tool in estate planning and is especially helpful when the trust grantor has surviving children.  Learn the tax advantages, the benefits and the requirements.  Plus, learn everything about brics.  It can change the way countries play the money game and how can it affect you.