This trust is designed to allow married couples to take full advantage of the federal estate tax exemption.

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A credit-shelter trust, also known as a bypass trust or A-B trust, is a type of irrevocable trust that allows a married couple to maximize their federal estate tax exemption by placing assets in trust for the benefit of their beneficiaries while still being able to use their exemption individually. The trust gets its name from the fact that it allows each spouse to shelter ("bypass") their individual exemption amount from estate taxes.

This Trust Is Designed to Allow Married Couples to Take