Multiple Choice
Which of the following statements about charitable trusts is true?
A) No one person can bring suit to enforce a charitable trust.
B) Gifts to charities are subject to federal estate tax.
C) A charitable trust is created for the benefit of an individual.
D) The actual beneficiaries are actual and ascertainable.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: A trust that gives all trust income
Q14: Under a sprinkling trust, the will of
Q15: When money or property is left in
Q16: A trust containing a provision that protects
Q17: Under federal estate tax laws, property passing
Q19: A trust in which a fixed percentage
Q20: Under a marital deduction trust, settlors may
Q21: A trust that gives the trustee the
Q22: To save federal estate taxes, a trust
Q23: Under a QTIP trust, the decision to