MLchartDataset catalogue

QDOT

Term · Law · MLC-T-LAW-004052

An abbreviation for Qualified Domestic Trust, a type of trust used in estate planning when a non-citizen spouse inherits property from a deceased U.S. citizen spouse. This trust allows the estate to qualify for the marital deduction, deferring estate taxes until the non-citizen spouse's death or until distributions are made from the trust. It must meet specific requirements outlined in the Internal Revenue Code.

Table 1. Record
IdentifierMLC-T-LAW-004052
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004052",
  "term": "QDOT",
  "field": "Law",
  "definition": "An abbreviation for Qualified Domestic Trust, a type of trust used in estate planning when a non-citizen spouse inherits property from a deceased U.S. citizen spouse. This trust allows the estate to qualify for the marital deduction, deferring estate taxes until the non-citizen spouse's death or until distributions are made from the trust. It must meet specific requirements outlined in the Internal Revenue Code.",
  "url": "https://mlchart.com/terminology/law/qdot/"
}

Record 4,102 of 5,441 in Law terminology (MLC-0107). Request the full dataset.