Conduit Trust (noun): A conduit trust is used to plan for retirement assets. It has a single individual as a primary beneficiary. The trustee passes the minimum required distribution directly to the beneficiary. Instead of using the life expectancy of the original owner, the life expectancy of the primary beneficiary is used to determine the minimum required distributions. The remainder beneficiary can be anyone or anything, this includes charities. To find out more about conduit trusts click here.
Words commonly used with this term include:
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