Question
Which of the following are characteristics of a QTIP trust?Why A.The trust agreement, and not the surviving spouse, controls the distribution of the trust assets
Which of the following are characteristics of a QTIP trust?Why
A.The trust agreement, and not the surviving spouse, controls the distribution of the trust assets
B.Assets transferred into the trust qualify for the marital deduction, if spouse receives income from trust at least annually
C.If assets qualify for marital deduction, then they must be included in the estate of the surviving spouse
D.A and B
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
