Question
Which of the following statements regarding a Reverse Q-Tip Marital Trust is not True? I. The deceased spouse's executor can apply the surviving spouse's GST
Which of the following statements regarding a Reverse Q-Tip Marital Trust is not True? I. The deceased spouse's executor can apply the surviving spouse's GST Exemption against the trust. II. Only the surviving spouse may benefit from the Reverse Q-Tip Marital Trust's assets during the surviving spouse's lifetime. III. The decedent spouse's Will can designate the ultimate remaindermen of the trust's assets. IV. Assets in the Reverse Q-Tip Trust at the surviving spouse's death will escape inclusion in the surviving spouse's estate. a. I, II, & III b. I, & IV c. II, III & IV d. I, II, III, & IV
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