Estate planning exam 2.. 2/3 questions
and answers
Darleen and Leon live in Arizona and acquired all of their property interests while living there.
They own a primary residence worth $2.2 million as tenants by entirety...... - ANS ✔✔C
1.8 Million
Curtis established an irrevocable trust six years ago which he funded with dividend-paying
securities worth $3 million.... - ANS ✔✔C
The $3.7 million trust is added to Curtis's gross estate.
Which of the following items is not an allowable deduction from the gross estate? - ANS ✔✔B
A bequest to charity
Identify the situation in which an estate tax marital deduction cannot be taken - ANS ✔✔C
A husband gave his non-citizen wife $2 million
Georgette bequeathed $4 million to her son. Which of the following statements is correct? -
ANS ✔✔C
A unified credit of 2,141,800 is available to offset Georgette's estate tax payable
and answers
Darleen and Leon live in Arizona and acquired all of their property interests while living there.
They own a primary residence worth $2.2 million as tenants by entirety...... - ANS ✔✔C
1.8 Million
Curtis established an irrevocable trust six years ago which he funded with dividend-paying
securities worth $3 million.... - ANS ✔✔C
The $3.7 million trust is added to Curtis's gross estate.
Which of the following items is not an allowable deduction from the gross estate? - ANS ✔✔B
A bequest to charity
Identify the situation in which an estate tax marital deduction cannot be taken - ANS ✔✔C
A husband gave his non-citizen wife $2 million
Georgette bequeathed $4 million to her son. Which of the following statements is correct? -
ANS ✔✔C
A unified credit of 2,141,800 is available to offset Georgette's estate tax payable
