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Unformatted text preview: 7. Would a living trust be a helpful tool for the Knox family? Why do you reach this conclusion? 8. Why do most planners urge wealthy married couples to distribute their assets so that their estates are balanced? 9. How can the marital deduction be used to minimize estate tax liability? 10. What is meant by bypass planning? 11. What is meant by a credit shelter trust and how does the concept work?...
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