Unitrust — an interesting alternative for some trusts

An episode of the Elder Law Issues podcast, hosted by Fleming & Curti PLC, titled "Unitrust — an interesting alternative for some trusts" was published on December 10, 2023 and runs 10 minutes.

December 10, 2023 ·10m · Elder Law Issues

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Episode Description

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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