Multiple Choice
Which of the following statements is true regarding a life insurance trust?
A) The life insurer functions as the trustee,
B) Life insurance trusts may provide more flexibility than the payout options offered by the insurer,
C) The life insurer functions as the donor,
D) Life insurance trusts have as their sole purpose the avoidance of federal estate taxation.
Correct Answer:
Verified
Correct Answer:
Verified
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Q16: Match the descriptions with their terms:<br>-The _
Q17: Which of the following statements when taken
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Q19: Match the descriptions with their terms:<br>-A/An _
Q21: Match the descriptions with their terms:<br>-The _
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