Which of the following statements about charitable trusts is true?
A) No one person can bring suit to enforce a charitable trust.
B) Gifts to charities are subject to federal estate tax.
C) A charitable trust is created for the benefit of an individual.
D) The actual beneficiaries are actual and ascertainable.
Correct Answer:
Verified
Q20: In a charitable trust, the actual beneficiaries
Q21: Assume a married couple's total assets are
Q22: A trust in which a fixed percentage
Q23: The spendthrift provision is built into
A) a
Q24: When money or property is left in
Q25: A rule providing that every interest in
Q26: Which of the following is NOT a
Q27: This type of trust is similar to
Q28: Under the federal estate tax laws, property
Q29: To save federal estate taxes, a trust
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