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Cannon CTFA Prep Study Guide with 
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CANNON CTFA EXAM 2025 WITH 100% 
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CANNON CTFA PREP EXAM 2025 QUESTIONS AND ANSWERS
- Exam (elaborations) • 47 pages • 2025
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Jean and John Simmons are married and own their own home as tenants by entirety. When 
John dies the home is valued at $350,000. How much will be counted in his gross taxable 
estate? 
A. None, as it passes directly to his spouse, Jean. 
B. $175,000 - or one-half of the value 
C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a 
person residence. 
D. $350,000 - the full amount is includable. - ANS B. $175,000 - or one-half the value 
Once a will is prope...
CANNON CTFA PREP EXAM | ACTUAL 
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CANNON CTFA PREP BRAND NEW 
ACTUAL EXAM WITH ANSWERS.
Cannon CTFA Prep Exam Questions with 100% Correct Answers | 
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CANNON CTFA EXAMS SCRIPT 2025/2026 QUESTIONS 
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CANNON CTFA EXAM TEST PAPER 2025/2026 QUESTIONS 
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CANNON CTFA 2025/2026 QUESTIONS WITH ANSWERS 
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CANNON CTFA COMPREHENSIVE EXAMS 2025/2026 
QUESTIONS WITH ANSWERS RATED A+
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