A(n)_________________ Trust Is a Trust for the Benefit of the Spouse

question 43

Multiple Choice

A(n) _________________ trust is a trust for the benefit of the spouse and/or children that allows you to avoid paying estate taxes on life insurance proceeds.

• A) Revocable
• B) Bypass
• C) Charitable remainder
• D) Irrevocable

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Definitions:

Pseudotransformational Leadership

Leadership that appears to be transformational but actually manipulates followers for the leader's own benefit rather than inspiring genuine change.

Inspirational Motivation

The ability of a leader to inspire and motivate others to achieve higher levels of performance through a compelling vision of the future.

Transformational Leadership

A form of leadership that causes change in individuals and social systems, characterized by the leader's ability to inspire followers to transcend their own self-interests for the good of the organization or community.

Burns

Could refer to James MacGregor Burns, a political scientist known for his work on leadership and for developing the concept of transformational leadership.