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American College Exam HS330 Topic 1 Question 69 Discussion

Actual exam question for American College's HS330 exam
Question #: 69
Topic #: 1
[All HS330 Questions]

All the following statements concerning a grantor-retained unitrust (GRUT) are correct EXCEPT:

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Suggested Answer: A

Contribute your Thoughts:

Kaitlyn
2 days ago
Haha, this question is a real head-scratcher! I'd have to say the answer is D. Can't imagine the estate tax benefits would go up if the grantor kicks the bucket early.
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Rebecka
6 days ago
Hmm, I'm a little unsure about this one. Let me think it through... Ah, I got it! The answer must be D. The estate tax benefits are not increased in that scenario.
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Lindsey
15 days ago
But doesn't the grantor retain an interest in the trust with a GRUT?
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Georgeanna
19 days ago
I'm pretty sure the correct answer is D. The estate tax benefits are not increased when the grantor dies during the retained interest term.
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Jackie
19 days ago
I disagree, I believe the correct answer is A.
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Lindsey
24 days ago
I think the answer is D.
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