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    Risk Management and Insurance
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    Exam 21: Financial and Estate Planning
  5. Question
    A Credit Shelter Trust Can Be Used to Reduce the Amount
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A Credit Shelter Trust Can Be Used to Reduce the Amount

Question 44

Question 44

True/False

A credit shelter trust can be used to reduce the amount of estate tax owed at the death of the second spouse to die by preserving the benefit of the unified transfer tax credit of the first spouse to die.

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