Fte Following Statements About "Qualified Terminable Interest Property" (QTIP) Trusts

fte following statements about "Qualified Terminable Interest Property" (QTIP) trusts are true, except:

A) fte QTIP trust is a "simple" trust and anyone, including a charity, may be the remainderman.
B) A QTIP trust may not be implemented prior to the grantor's death.
C) Only the grantor's spouse may be the income beneficiary, but may refuse to accept the bequest and elect against the will.
D) If a trust otherwise qualifies, QTIP treatment may be elected for an undivided portion of the trust, such as 78 percent.