Is The Ghost Pepper Hot Enough To Be A Weapon? [jbox color=blue] In 2009, scientists at Indiaâs Defence Research and Development Organisation announced plans to use the peppers in hand grenades, as a non lethalway to flush out terrorists from their hideouts and to control rioters.
Split Interest Trust Law and Legal Definition. Split Interest trust is an irrevocable trust in which the income is first dispersed to the beneficiaries of the trust for a specified period of time and then the remainder of the trust is donated to a designated charity. The beneficiaries receive the income and the charity receives the principal after a specified period of time.
An irrevocable trust is generally preferred over a revocable trust if your primary aim is to reduce the amount subject to estate taxes by effectively removing the trust assets from your estate. Also, since the assets have been transferred to the trust, you are relieved of the tax liability on the income generated by the trust assets (although distributions will typically have income tax consequences).