Multiple Choice
MATCHING:
-A trust in which the settlor or named beneficiary can retain income from the trust, usually for life, and after death, the trust property goes to a qualified charity
A) marital deduction
B) charitable remainder
C) gift splitting
D) present interest
E) legal life estate
F) stepped-up basis
G) general power of appointment
H) term life insurance
I) disclaimer
J) bypass trust
Correct Answer:

Verified
Correct Answer:
Verified
Q11: MATCHING:<br>-The right to pass on an interest
Q12: Only attorneys are qualified to give estate-planning
Q13: Which of the following is NOT a
Q14: If a same-sex couple has a legally
Q15: MATCHING:<br>-An estate planning device whereby a portion
Q17: MATCHING:<br>-An increase in the income tax of
Q18: MATCHING:<br>-An immediate and unrestricted interest in real
Q19: MATCHING:<br>-An estate created by operation of law
Q20: MATCHING:<br>-An unlimited amount of a decedent's gross
Q21: Estate administration expenses can be used as