Unitrust conversion

Investment performance is measured, in large part, by total return on investment under modern portfolio theory. For most, not much thought is given to whether the return on investment is dividend/interest income or growth. However, the difference is critical when it comes to income-only trusts. A staple of estate planning for married couples involves the division assets between a survivor’s trust and a decedent’s trust after the first spouse’s death. Most decedent’s trusts grant the surviving spouse a right to all income from the decedent’s trust....