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Exit VCEDump HS-330 Fundamentals of Estate Planning Test

Q28 Single choice

Which of the following statements concerning charitable remainder unitrusts is correct?

A
A fixed percentage of not less than 10 percent of the net fair market value of the trust assets is paid to the noncharitable beneficiaries.
B
The remainder interest is paid to the qualified charity after a term of years not greater than 15 years.
C
The net fair market value of the trust assets are revalued annually.
D
No further contributions may be made to a unitrust after the initial payment.

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