To Avoid the Terminable Interest Limitation on the Marital Deduction

question 161

True/False

To avoid the terminable interest limitation on the marital deduction, the surviving spouse must be granted a general power of appointment over the trust property, or a QTIP election must be made.

---

Definitions:

Macule

A flat, distinct, discolored area of the skin that is not raised above the surface.

Excoriation

The removal of the surface of the skin or mucous membrane through injury or trauma.

Senile Keratosis

A skin condition seen in older adults, characterized by thick, scaly, or crusty patches that are often a result of prolonged exposure to the sun.

Candidiasis

An infection caused by a yeast (a type of fungus) called Candida, affecting skin, mouth, or genitals.