If your trust is in fact still an ABC trust, this is probably not the current best strategy for you because it was set up before the exemption amount has stabilized at $5,250,000. Your estate plan (if modified) will be cheaper and easier to implement at the death of one of you if you don’t have the ABC trust. I recommend that you and your wife have your trust reviewed for free to give you the peace of mind that your trust is current.
