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Name: Chartered Trust & Estate Planner (CTEP)
Exam Code: CTEP
Certification: AAFM Certification
Vendor: AAFM
Total Questions: 475
Last Updated: Jun 22, 2024
Page:    1 / 95      
Total 475 Questions | Updated On: Jun 22, 2024
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Question 1

The defined period for fraudulent transfers under the Bankruptcy Code was formerly ____________prior to the debtor’s filing for bankruptcy. This period was ____________ by the Bankruptcy Abuse Prevention and Consumer Protection Act of ___________.Transfers to self-settled trusts may be recaptured if made within _________ of the debtor’s filing for bankruptcy if the transfer in trust was made with the intent to hinder, delay or defraud present or future creditors. 


Answer: A

Question 2

Which one of the above statement(s) is/are correct?


130 


Answer: B

Question 3

In US for 2013, the amount of the standard deduction is ______ for single individuals and married individuals filing separate returns


Answer: B

Question 4

The goals of Estate Planning can be broadly divided into_______ categories. 


Answer: A

Question 5

You are an Estate Planner. Your Client asks you that if he wants to give business to his children which method is not appropriate. He further asks you which method can help him control the size of this gift through his will. Your reply would be__________


Answer: B

Page:    1 / 95      
Total 475 Questions | Updated On: Jun 22, 2024
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