### Question
How is the "qualified trust" defined?


### Answer
The term **qualified trust** is defined in *26 U.S.C. § 2057* as follows -

> a trust—


(A) which is organized under, and governed by, the laws of the United States or a State, and


(B) except as otherwise provided in regulations, with respect to which the trust instrument requires that at least 1 trustee of the trust be an individual citizen of the United States or a domestic corporation

#### Citation:
  - *26 U.S.C. § 2057*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 11-ESTATE TAX > Subchapter A-Estates of Citizens or Residents > PART IV-TAXABLE ESTATE**

