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Which of the following is true with regard to the proposed testamentary trust? A. The assets will be excluded from Louie's gross estate. B. The

Which of the following is true with regard to the proposed testamentary trust? A. The assets will be excluded from Louie's gross estate. B. The income is allowed to accumulate for the benefit of the children. C. The QTIP treatment will be automatic. D. The assets in the trust, at Kathleen's death, will be fully taxable to Kathleen's estate.

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