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Exit VCEDump HS-330 Fundamentals of Estate Planning Test

Q36 Single choice

All the following statements concerning a typical pour-over trust are correct EXCEPT:

A
It is a device to consolidate all a decedent's assets to simplify administration.
B
Properly drawn, it eliminates the need to file a federal estate tax return.
C
The trust is created during the lifetime of the grantor.
D
The trust is revocable during the lifetime of the grantor.

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