Each trust would provide that if the settlor (creator of the trust) leaves a surviving spouse, the trust breaks into a marital trust and a credit shelter trust.

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Since the application calls for the name of the trust, clients will need to settle upon that in advance, or have their lawyers apply for dummy numbers, and notify the IRS later that the trust creator, trustee and name of the trust was changed at the last minute.

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In fact, in my book Employee Engagement 2.0 I show how recognition is a top three creator of Workplace Superheroes , along with the drivers Growth and Trust.

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Peterson and his wife Joan Ganz Cooney, the creator of Sesame Street, have had a charitable fund, the Peterson Fund, at the Trust since the 1970s.

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