Free CTEP Chartered Trust & Estate Planner® (CTEP®) Certification Examination Practice Test Question

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Showing 10–12 of 20 questions

Question 10 (Volume C)

What is the full form of DFT?

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  • Discretionary Foundation Trust

  • Discretionary Family Trust

  • Discretionary Foundation Trustor

  • Discretionary Family Trustor

Question 11 (Volume A)

Wills executed according to __________ of the _____________ are called Unprivileged Wills.

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  • Section 8, Hindu Succession Act 1956

  • Section 63, Indian Succession Act 1925

  • Section 8, Indian Succession Act 1925

  • Section 63, Hindu Succession Act 1956

Question 12 (Volume A)

_________________ can be used as an alternative to the outright gift and ___________ can be used as an alternative to a traditional short term pledge.

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  • Virtual Endowment Model, Step-Up gift

  • Virtual Endowment Model, Philanthropic Equity Builder Model

  • Virtual Endowment Model, Family Foundation

  • Step-Up Gift, Family Foundation