AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination - CTEP 模擬練習

As per ______________ of the Indian Trust Act, the subject matter of a trust must be properly transferable to the beneficiary.

正解: B
You are an Estate Planner.Mr. Sumit is your client. He wants to set up Trust fund for his child. As an Estate Planner, which of the following instructions will you give to Mr. Sumit?

正解: D
Estate Planning is ________ process.

正解: A
In US for year 2013, Dependent parent's relief for each parent living with the tax payer in the same household is ___________ and the same is______________ for each parent if they are not living with the tax payer in the same household.

正解: C
In UK, for year 2013-2014, Blind Person's allowance is ___________ and minimum amount of married couple's allowance is __________.

正解: D
Which of the following statement(s) about Minute Book is/are correct?

正解: D
Capital gains are subject to tax at ______________ for Trustees or Personal Representatives.

正解: D
Which of the following statement(s) is/are correct?

正解: C
In US, the amount of standard deduction is __________ for married individuals filing a separate return.

正解: B
A person can create _________________ living trust/trusts while he is alive and the assets can be transferred to it/them as desired by the person.

正解: B
Estate Planning Process is eight-step procedure that a manager has to follow. The Eight Steps are as given below (not in any order)

The correct order is

正解: A
High Net Worth Individuals can dispose of their money in______ ways. From the standpoint of the wealth holder,__________ is the most important of all.

正解: B
A trust is extinguished

正解: D
You have just started your Estate Planning firm. Your friend who is into Estate Planning since 5 years explains you that an Ideal Estate Planning Prospect is one who is aged ___ or over and are _______________.

正解: B
The current GST in UK is_____________.

正解: D