CTFA BUNDLED exams 2023 with 100% correct answers

Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? A. None, as it passes directly to his spouse, Jean. B. $175,000 - or one-half of the value C. $225,000 - or the f...

Tangible Personal Property personal property that can be moved (ex. gold bar, jewelry) Probate Estate the property of a decedent that is subject to administration by the executor or administrator of an estate Under joint tenants with rights of survivorship, when one tenant dies which...

What is a J curve The return pattern of private equity funds. The cumulative return is negative in the early life of a bond before turning positive. This is because in the early life of a private equity fund there are expenses incurred in the search for attractive investments but there are not any ...

Test This is a test Steven Nyu student Governing Trust instrument State Trust Law Federal laws such as federal tax & environmental laws Rules governing the actions of a trustee are determined by: Trustee Legal title to trust property is vested in: Beneficiaries Equ...

Asset Allocation should conform to an individual's _____________ risk tolerance A springing durable power of attorney is effective only on a _____________________ conditional event What is the minimum age for receiving Social Security benefits? 62 Assume Greg inherits stock ...