Tax benefits of making lifetime gifts in excess of the gift tax annual exclusion include all the following EXCEPT:
Answer : B
All the following statements concerning ante nuptial agreements are correct EXCEPT:
Answer : D
All the following will be brought back into the donor's gross estate for federal estate tax purposes EXCEPT:
Answer : C
All the following statements concerning the generation-skipping transfer tax (GSTT) are correct EXCEPT:
Answer : D
The estate planning process includes all the following activities EXCEPT:
Answer : A
For estate tax purposes which of the following is (are) a form of charitable gifts that may qualify for the charitable deduction?
l. Split gifts
ll. Charitable remainder trusts
Answer : C
Which of the following statements concerning ownership of property held in trust is (are) correct?
l. The legal owner of property held in trust is a trustee.
lI. The equitable owner of property held in trust is a beneficiary.
Answer : C