Which of the Following Trusts Allows the Grantor to Receive

question 31

Multiple Choice

Which of the following trusts allows the grantor to receive a material deduction immediately and allows the beneficiary to dispose of the assets in any manner he/she chooses?

• A) QTIP
• B) Bypass
• C) Marital
• D) Estate
• E) None of the above

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Definitions:

Pia Mater

The delicate inner layer of the meninges that closely covers the brain and spinal cord, protecting the central nervous system.

Arbor Vitae

Refers to the "tree of life" arrangement of white matter in the cerebellum that facilitates cerebellar connections.

Corpus Callosum

A large band of neural fibers connecting the two cerebral hemispheres, facilitating communication between them.

Midbrain

The middle portion of the brainstem, involved in vision, hearing, motor control, sleep/wake, arousal, and temperature regulation.