MATCHING: -An Unlimited Amount of a Decedent's Gross Estate That May

question 20

Multiple Choice

MATCHING:
-An unlimited amount of a decedent's gross estate that may be given to the surviving spouse without being subject to federal estate tax

• 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:

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Dodd-Frank Wall Street Reform

A comprehensive set of financial regulations passed in 2010 in response to the financial crisis, aimed at increasing transparency and accountability in the financial system.