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Do Revocable Trusts Avoid Estate Taxes?

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Do Revocable Trusts Avoid Estate Taxes?

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A Revocable Trust does not avoid estate taxes although it may avoid the probate process. The Trust assets will be part of the grantor’s estate for estate tax purposes. However, married couples can save estate taxes by having Revocable Trusts which contain a Credit Shelter Trust (also known as a By-Pass Trust.

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A Revocable Trust does not avoid estate taxes although it may avoid the probate process. The Trust assets will be part of the grantors estate for estate tax purposes.

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