This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is not needed to obtain marital deduction? (Read 39 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534

Question 1

Which of the following is a correct way to set up a life insurance trust:


◦ Trustor can transfer an existing policy to the trust
◦ Create a trust and have the trustee purchase the insurance outright
◦ Both Trustor can transfer an existing policy to the trust and Create a trust and have the trustee purchase the insurance outright
◦ None of these

Question 2

Which of the following is not needed to obtain marital deduction?


◦ The people must be married at the time of death of the first spouse
◦ The couple must be engaged with a specific wedding date
◦ The property must be included in the decedent's gross estate for the marital deduction to apply
◦ The surviving spouse must be or become a U.S. citizen by the time the federal estate tax return is filed


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tuffie on Mar 2, 2019

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




tuffie

  • Member
  • Posts: 534
Reply 2 on: Mar 2, 2019
Great answer, keep it coming :)


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library