Health Education Maintenance And Support Trust

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The Limits of Discretion: Trust Distributions for Health ...

    https://www.wealthdirector.com/2013/09/the-limits-of-discretion-trust-distributions-for-health-education-maintenance-and-support/
    Sep 10, 2013 · This “health, education, maintenance and support” distribution standard is so common that most trustees and other trust advisors refer to it simply as the “HEMS” standard. The HEMS standard is common in trust planning because limiting distributions to such an ascertainable standard avoids a number of transfer tax pitfalls.

Health, Education, Maintenance and Support

    https://www.sbshlaw.com/hems/
    Oftentimes the beneficiary and the trustee are one and the same person. Consider if Harry created a testamentary trust that, upon his death, provides for his wife, Sally. Sally is to receive income from the trust and the trustee may invade the principal of the trust for Sally’s health, education, maintenance and support.

What does Maintenance and Support Really Mean in a Trust?

    https://www.foxrothschild.com/publications/what-does-maintenance-and-support-really-mean-in-a-trust/
    Sep 17, 2013 · Specifically, the trust property won't be included in the trustee/beneficiary's taxable estate if an ascertainable standard is used. What encompasses health and education is fairly clear. However, our clients frequently ask us for guidance on what sort of distributions can be made for maintenance and support.Author: Matthew A. Levitsky

HEMS: Health, Education, Maintenance and Support. What is ...

    http://www.lanutilaw.com/news/hems-health-education-maintenance-and-support-what-is-it/
    Nov 19, 2015 · It is a little surprising that there is not a lot of guidance on what the phrase health, education, maintenance, and support (HEMS) really means. This phrase appears in nearly every trust written in the United States.

Health, Education, Maintenance and Support Wealth Management

    https://www.wealthmanagement.com/estate-planning/health-education-maintenance-and-support-0
    Health, Education, Maintenance and Support: the four chosen words that make up the ascertainable standard. Sometimes abbreviated as HEMS, the ascertainable standard is undeniably a creature of tax ...

Health, support, education, and maintenance: What does it ...

    http://www2.csudh.edu/rmalamud/elder1013.pdf
    needed for the health, support, education, or maintenance of the beneficiary.” The trust document can offer further definitions to guide the trust in determining what is meant by these four words. Unfortunately, most trusts do not include any further instructions as to the settlor’s intent. Even non-binding written instructions would be ...



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