Which of the following trusts would most likely not be subject to ...

[crazycityslicker]

Which of the following trusts would most likely not be subject to an estate tax, but might be subject to a gift tax?
 
  A)
 
  An irrevocable trust
  B)
 
  A revocable trust
  C)
 
  A living trust
  D)
 
  A testamentary trust

Question 2

The preexisting conditions clause in a health insurance policy
 
  A)
 
  ensures that illness that occurred before coverage began will be covered by the policy.
  B)
 
  ensures that injures that occurred before coverage began will be covered by the policy.
  C)
 
  ensures that both illnesses and injuries that occurred before the coverage began will be covered by the policy.
  D)
 
  excludes from coverage certain types of injuries and illnesses that began before the policy was issued.

[Beatricemm]

Answer to Question 1

A

Answer to Question 2

D