terminable interest การใช้

• The current regime under the 1995 Act for regulating tenancies, commonly known as Farm Business Tenancies, permits the creation of a clearly and easily terminable interest, whether by a periodic tenancy or a fixed term.
• Martin Nissenbaum, national director of retirement planning for Ernst & AMP; Young, said that under the new regulations, another possibility would be to use an IRA to fund what is known as a QTIP trust, for qualified terminable interest property, which would give a spouse a life interest in an asset that would ultimately go to another beneficiary.