Daniel's will provides that all of his property passes to a trust, life estate to his wife, remainder to charity. If Daniel's executor does not make a QTIP election, the use of the marital deduction date is not possible.

Question

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A Qualified Terminable Interest Property (QTIP) election allows a marital deduction for property passing to a trust with a life estate for the spouse. Without the election, the marital deduction is not available.

Daniel's Will Provides That All of His Property Passes to a Trust