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Which of the following statements about CSTs are (is) true? I. Any appreciation on assets held in a CST after the first spouse's death escapes
Which of the following statements about CSTs are (is) true?
I. Any appreciation on assets held in a CST after the first spouse's death escapes estate taxe:
II. Assets in a CST receive a basis adjustment on the surviving spouse's death.
- A. I only
- B. ll only
- C. Both I and I
- D. Neither I nor II
Resource: Estate
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