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    USA Qualified Settlement Funds Trust Agreement


    Set up a Qualified Settlement Funds Trust under U.S. bankruptcy laws with this downloadable template.

    • This is an irrevocable trust that cannot be revoked once it is established.
    • A QSF trust is created under Section 468B of the Internal Revenue Code, following the filing of a Chapter 11 bankruptcy petition by a debtor.
    • A trustee is appointed to hold the assets and proceeds of the debtor until such time as the trustee settles with the creditors.
    • This form of trust allows the debtor to liquidate appreciated assets, pay the proceeds into trust for the benefit of the creditors and take a current income tax deduction for the payment.

    To get your copy of the Qualified Settlement Funds Trust Agreement, add the item to your cart and check out using our secure server.

    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 5218