MATCHING:
-A trust in which the settlor or named beneficiary can retain income from the trust, usually for life, and after death, the trust property goes to a qualified charity
A) marital deduction
B) charitable remainder
C) gift splitting
D) present interest
E) legal life estate
F) stepped-up basis
G) general power of appointment
H) term life insurance
I) disclaimer
J) bypass trust
Correct Answer:
Verified
Q2: Estate planning must always take place before
Q3: MATCHING:
-An unlimited amount of a decedent's gross
Q4: If a husband gives his wife a
Q5: MATCHING:
-The right to pass on an interest
Q6: MATCHING:
-An estate created by operation of law
Q7: After it is established, an estate plan
Q8: MATCHING:
-An increase in the income tax of
Q9: MATCHING:
-A practice available to spouses to join
Q10: Gifts of future interests do not qualify
Q11: Estate administration expenses can be used as
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