HS330 무료 덤프문제 온라인 액세스

Which of the following statements concerning the estate tax marital deduction is correct?

• A.The marital deduction available to a decedent in a community-property state is equal to the total amount of community property.
• B.The marital deduction available to a decedent in a common-law state is equal to the net amount of qualifying property passing to the surviving spouse.
• C.The marital deduction available to a decedent in a common-law state is equal to one half the adjusted grossestate.
• D.The marital deduction available to a decedent in a common-law state is limited to a maximum of $1 million.

Which of the following statements concerning both estates and complex trusts is correct?

• A.Both are required to file income tax returns.
• B.Both come into being by operation of law.
• C.Both must have more than one beneficiary.
• D.Both are monitored by the courts.

All the following statements concerning real property ownership by married couples as joint tenants with right of survivorship are correct EXCEPT:

• A.In common-law states the total value of the property receives a stepped-up tax basis in the estate of the first spouse to die.
• B.All benefits of ownership remain available to the surviving spouse without interruption during the administration of the deceased spouse's estate.
• C.The deceased spouse's interest in the property qualifies for the marital deduction since it passes outright to the surviving spouse.
• D.Jointly held property between spouses does not pass through the probate estate of the first spouse to die.

Which of the following statements concerning the estate tax marital deduction is correct?

• A.The marital deduction available to a decedent in a community-property state is equal to the total amount of community property.
• B.The marital deduction available to a decedent in a common-law state is equal to the net amount of qualifying property passing to the surviving spouse.
• C.The marital deduction available to a decedent in a common-law state is equal to one half the adjusted grossestate.
• D.The marital deduction available to a decedent in a common-law state is limited to a maximum of $1 million.

A married man has two adult sons. His entire estate is in excess of $1,500,000 and consists entirely of probate assets. He wants to make certain that if he predeceases his wife she will receive all estate income as long as she lives, and the assets remaining at her death will pass equally to their two sons. He wants to pass all assets to this wife and sons as free of federal estate taxes as possible. To best accomplish these objectives, the man should include which of the following estate plans in his will?

• A.Establish a bypass trust equal to the applicable exclusion amount and place the remainder of his estate in a QTIP trust
• B.Establish a QTIP trust for his entire estate
• C.Establish a marital deduction trust with a general power of appointment for half his estate and place the remainder in a QTIP trust
• D.Establish a QTIP trust for half his estate and bequeath the remainder to his wife