Which of the Following Is Not a Trust Used for Estate

question 19

Multiple Choice

Which of the following is not a trust used for estate planning?

• A) Minor's Section 2503(c) trust.
• B) Alimony trust.
• C) Credit shelter trust.
• D) Revocable living trust.
• E) Grantor retained annuity trust.

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Definitions:

Anoxia

A condition characterized by an absence of oxygen supply to an organ's tissues, leading to cell damage or death.

Concordance Rate

A measure used in genetics and psychology that indicates the likelihood of two related individuals (usually twins) both having a particular trait or disorder.

Schizophrenia

An acute psychiatric condition manifesting in thinking and perception anomalies, emotional disturbances, linguistic issues, altered self-concept, and behavioral changes.

Monozygotic Twins

Twins that develop from a single fertilized egg, sharing 100% of their genetic information; also known as identical twins.