Accumulation And Maintenance Trust

Business, Legal & Accounting Glossary

Definition: Accumulation And Maintenance Trust


Quick Summary of Accumulation And Maintenance Trust


A tax-efficient trust, used to pass assets to your children while still retaining some control over those assets. Money is only paid out to the beneficiaries when certain conditions are met.




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https://payrollheaven.com/define/accumulation-and-maintenance-trust/
Modern Language Association (MLA):
Accumulation And Maintenance Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 25, 2021 https://payrollheaven.com/define/accumulation-and-maintenance-trust/.
Chicago Manual of Style (CMS):
Accumulation And Maintenance Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accumulation-and-maintenance-trust/ (accessed: October 25, 2021).
American Psychological Association (APA):
Accumulation And Maintenance Trust. PayrollHeaven.com. Retrieved October 25, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/accumulation-and-maintenance-trust/

Definition Sources


Definitions for Accumulation And Maintenance Trust are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 3 Views.