Why Would a Person Create a Split-Interest Trust

question 22

Short Answer

Why would a person create a split-interest trust?

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Definitions:

Freight Volume

The amount of goods, cargo, or freight being transported or capable of being transported.

Vocational

medium- and heavy-duty trucks used for specific work applications rather than linehaul. Examples would be dump trucks, milk tankers, fire trucks, cement trucks, cranes, fuel tankers, etc.

Countershafts

Secondary shafts in a gearbox that transmit motion from the main shaft to various gears, altering the output speed and torque.

Output Torque

The rotational force produced by a device or engine, measured at the output shaft.