最新のHS330問題集で試験を準備する

American College HS330 試験概要:

American College HS330 試験シラバストピック:

American College Fundamentals of Estate Planning test 認定 HS330 試験問題：

1. A woman is the income beneficiary of an irrevocable trust. All the following powers held by her will cause all the assets in the trust to be includible in her gross estate for federal estate tax purposes EXCEPT

A) the testamentary special or limited power to direct the trustee to distribute trust assets to her children
B) the power to direct the trustee to distribute trust corpus to her
C) the testamentary power to direct the trustee to use trust assets to pay her estate taxes
D) the testamentary power to direct the trustee to pay trust assets to her estate

2. Which of the following statements concerning a simple trust is (are) correct?
1.All income must be distributed as earned to the person or persons who are beneficiaries of the trust.
2.Principal and income may be distributed to a qualified charity.

A) 1 only
B) 2 only
C) Both 1 and 2
D) Neither 1 nor 2

3. Generally all the following statements concerning life insurance arrangements for partnership buy-sell agreements are correct EXCEPT:

A) With a cross-purchase agreement each partner purchases life insurance on the life of each of the other partners.
B) With an entity-purchase agreement the formula used for determining the number of life insurance policies needed is N (number of partners) + 1.
C) With a cross-purchase agreement the individual partners are the applicants, owners, beneficiaries and premium-payers of the policies.
D) With an entity-purchase agreement the partnership strives to maintain face amounts of coverage equal to its obligations under the agreement.

4. A woman is the income beneficiary of an irrevocable trust. Which of the following powers given to her will cause all the assets in the trust to be includible in her gross estate for federal estate tax purposes?

A) The power to direct the trustee to pay trust assets to her limited in amount to an ascertainable standard relating to her health and education
B) The power each year to direct the trustee to pay her an amount of trust assets not exceeding the greater of $5,000 or 5 percent of the assets held by the trust
C) The testamentary special or limited power to direct the trustee to distribute trust assets to her children
D) The testamentary power to direct the trustee to use trust assets to pay her estate taxes

5. A wealthy individual might consider selling a substantially appreciated property interest in an installment sale for which of the following reasons?
1.To spread the taxable gain inherent in the property over the period of the installments
2.To provide a buyer who lacks the requisite funds for a lump-sum purchase with the ability to finance the acquisition

A) 1 only
B) 2 only
C) Both 1 and 2
D) Neither 1 nor 2

質問と回答：