Which of the following is a trust that pays a specified charity income from a donated asset for a set number of years and then transfers the principal to the donor's beneficiaries with reduced estate or gift taxes at the end of the term?
A) Grantor retained annuity trust
B) Life insurance trust
C) Marital-deduction trust
D) Self-declaration trust
E) Charitable lead trust
Correct Answer:
Verified
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