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AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination Exam

Certification Provider: AAFM
Exam Name: Chartered Trust & Estate Planner (CTEP) Certification Examination
Number of questions in our database: 472
Exam Version: Apr. 12, 2024
Exam Official Topics:
  • Topic 1: Introduction to Personal and Intestate Succession Laws/ Meaning and Essentials of a Contract
  • Topic 2: Society as a form of charitable Organization/ Philanthropy and Charitable Planning
  • Topic 3: FEMA Regulations in Estate Planning/ Introduction to Estate Planning
  • Topic 4: Religious and Charitable Trusts/ Anti-Money Laundering/ Estate Planning Process
  • Topic 5: Internation Estate Planning/ The Basic Tools of Estate Planning
  • Topic 6: Minority and Guardianship Act 1956/ Coparcenary Property Under HSA
  • Topic 7: Laws Affecting Estate Planning/ Business Succession Planning
  • Topic 8: Discretionary Trust/ Private Religious Trust/ Wills and Succession Planning
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Free AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination Exam Actual Questions

The questions for Chartered Trust & Estate Planner (CTEP) Certification Examination were last updated On Apr. 12, 2024

Question #1

Mr. Nitin wants to know the value of estate (before taxation) as on 1st January 2013.

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Correct Answer: A

Question #2

Section______ of the Administration of Muslim Law (Amendment) Act 2008 (Act 29 2008) substituted "______years" with "_____ years" in section ______(4) and (5) of this Act with effect from 1st March 2009.

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Correct Answer: C

Question #3

The defined period for fraudulent transfers under the Bankruptcy Code was formerly ____________prior to the debtor's filing for bankruptcy. This period was ____________ by the Bankruptcy Abuse Prevention and Consumer Protection Act of ___________.Transfers to self-settled trusts may be recaptured if made within _________ of the debtor's filing for bankruptcy if the transfer in trust was made with the intent to hinder, delay or defraud present or future creditors.

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Correct Answer: A

Question #4

The threshold amount for tax on Net Investment Income is __________in the case of a joint return or surviving spouse, _________in the case of a married individual filing a separate return.

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Correct Answer: A

Question #5

The Client wants to find out the value of estate that his spouse and each of their children would receive assuming he dies today.

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Correct Answer: B


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