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