Which of the following statements is true?

Group of answer choices

An estate is described as overqualified when, due to a failure to make proper use of the marital deduction, too much of the property is subject to estate tax at the death of the first spouse.

A bypass trust aids in guaranteeing the full use of an individual$$s applicable estate tax credit.

An estate is described as underqualified when, due to a failure to make proper use of the marital deduction, not enough property is subject to estate tax at the death of the first spouse.

An estate that does not take advantage of its available applicable estate tax credit is transferring assets at the lowest possible cost.