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Answer: B
NEW QUESTION: 2
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 QTIP trust for half his estate and bequeath the remainder to his wife
D. Establish a marital deduction trust with a general power of appointment for half his estate and place the remainder in a QTIP trust
Answer: A
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A survey of top executives revealed that 35% of them regularly read Time magazine, 20% real
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World Report regularly?
A. 0.65
B. 0.06
C. 0.85
Answer: A
Explanation:
35% + 40% - 10% = 65%
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