MATCHING: -A Trust in Which the Settlor or Named Beneficiary Can

question 16

Multiple Choice

MATCHING:
-A trust in which the settlor or named beneficiary can retain income from the trust, usually for life, and after death, the trust property goes to a qualified charity

• A)marital deduction
• B)charitable remainder
• C)gift splitting
• D)present interest
• E)legal life estate
• F)stepped-up basis
• G)general power of appointment
• H)term life insurance
• I)disclaimer
• J)bypass trust

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Definitions:

Chloroplast

An organelle found in plant and algal cells that conducts photosynthesis, converting light energy into chemical energy.

Anthocerophyta

A division of non-vascular plants known as hornworts, characterized by a unique sporophyte structure.

Polyploids

Organisms that have more than two complete sets of chromosomes, which is a condition common in plants and some animal species.

Genetics

Genetics is the branch of biology that studies genes, genetic variation, and heredity in organisms, explaining how traits are passed from parents to offspring.