A San Antonio Texas Complex Will with Credit Shelter Marital Trust for Large Estates is a comprehensive estate planning document designed to address the specific needs of individuals with substantial assets and wealth. This legal instrument combines the benefits of a credit shelter trust, also known as a bypass trust or a family trust, with a marital trust to provide crucial estate tax planning and asset protection for married couples. The primary objective of this complex will is to maximize the available estate tax exemptions, which can help minimize the tax liabilities for the beneficiaries, typically the surviving spouse and future generations. By utilizing both the credit shelter trust and marital trust, this will enable the married couple to preserve their respective estate tax exemptions and ensure the smooth transfer of their assets upon death. The credit shelter trust, also referred to as the "B trust," is established upon the first spouse's death and holds an amount of assets up to the value of the deceased spouse's estate tax exemption. This trust is designed to provide income and support to the surviving spouse while protecting the assets from estate taxes. By utilizing the deceased spouse's exemption, the trust assets will not be included in the surviving spouse's estate upon their death. The marital trust, also known as the "A trust" or the "TIP trust," is established to benefit the surviving spouse during their lifetime. Unlike the credit shelter trust, the assets placed in the marital trust are sheltered from estate taxes until the surviving spouse passes away. This trust allows the surviving spouse to have control over the assets and receive income distributions, while also ensuring that the remaining assets are ultimately distributed to the beneficiaries specified in the complex will. Furthermore, the San Antonio Texas Complex Will with Credit Shelter Marital Trust for Large Estates may include additional provisions to address specific concerns and requirements of the individual. These provisions may involve distributions to charity, the appointment of guardians for minor children, special instructions for managing certain assets, and the establishment of testamentary trusts for grandchildren or other designated beneficiaries. It is important to note that while this description focuses on the general concept of a San Antonio Texas Complex Will with Credit Shelter Marital Trust for Large Estates, there may be variations or different types based on individual circumstances and legal requirements. Consulting with an experienced estate planning attorney in San Antonio, Texas, is crucial to tailor the complex will to the specific needs and goals of the individual or couple.