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A credit shelter trust is a trust Multiple Choice intended to protect the assets of a minor. that cannot reduce the amount of estate taxes.

A credit shelter trust is a trust

Multiple Choice

  • intended to protect the assets of a minor.

  • that cannot reduce the amount of estate taxes.

  • that is created by a will.

  • that is established so that the beneficiary cannot transfer or assign any unreceived payments.

  • designed for couples.

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