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To Avoid the Terminable Interest Limitation on the Marital Deduction

question 161

True/False

To avoid the terminable interest limitation on the marital deduction, the surviving spouse must be granted a general power of appointment over the trust property, or a QTIP election must be made.


Definitions:

Testosterone

A primary male sex hormone responsible for the development of male secondary sexual characteristics, also playing a role in muscle and bone mass.

Fertility

The natural capability to produce offspring, a measure of reproduction rate for an individual or population.

Parturition

The act or process of giving birth; childbirth.

Micturition

The act of urinating or voiding the bladder.

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