Identify the requirements necessary for a qualified

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South-Western Federal Taxation 2020: Comprehensive
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Chapter 3 / Exercise 6
South-Western Federal Taxation 2020: Comprehensive
Maloney/Raabe/Young
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12. Identify the requirements necessary for a Qualified Domestic Trust (QDOT) to qualify forthe unlimited marital deduction.
13. How is a bypass trust used in estate planning?
14. What is a qualified disclaimer and how is it used?
15. Describe how the portability of exemptions works.
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South-Western Federal Taxation 2020: Comprehensive
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Chapter 3 / Exercise 6
South-Western Federal Taxation 2020: Comprehensive
Maloney/Raabe/Young
Expert Verified
Multiple Choice Questions1.Jeremy and Rosa were married forty years ago after meeting on the beaches of Cozumel. Rosa moved to the U.S. with Jeremy, but she never applied for U.S. citizenship. If Jeremyis concerned about using the marital deduction for the fair market value of the property he bequeaths to Rosa, which of the following techniques could he use?a.Qualified Terminable Interest Trust (QTIP)b.Section 2503(b) Trustc.Section 2503(c) Trust d.Qualified Domestic Trust (QDOT)
2.An executor may elect the unlimited marital deduction for which of the following transfers?

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