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    Small Business Management
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    Exam 22: Management Succession and Risk Management Strategies in the Family Business
  5. Question
    A Bypass Trust Allows the Business Owner to Keep Life
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A Bypass Trust Allows the Business Owner to Keep Life

Question 69

Question 69

True/False

A bypass trust allows the business owner to keep life insurance proceeds out of his/her estate as long as the owner doesn't die within three years of establishing the trust.

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