A Trust Designed to Help Couples Gain Full Use Out

question 2

Multiple Choice

A trust designed to help couples gain full use out of each spouse's applicable exclusion amount (AEA) is the _____ trust.

• A) Crummey
• B) credit shelter
• C) charitable lead
• D) special needs
• E) charitable remainder

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Definitions:

Organic Matter

Material derived from living organisms, both in its living and decomposed form, which is a critical component of soil health.

Soil

The top layer of the earth's surface, consisting of rock and mineral particles mixed with organic matter, which supports plant life.

Produced

Created or manufactured, often referring to goods or substances made available through a process of physical or chemical transformation.

Tectonic Plates

Massive, irregularly shaped slabs of solid rock comprising the Earth's lithosphere, whose movements cause earthquakes, volcanic eruptions, and the creation of mountain ranges.