Which one of the following statements regarding the qualified domestic trust (QDOT) election is correct? A)The election allows the estate to take a charitable deduction for assets given to a foreign charity. B)The election allows the estate to take a marital deduction for the value of assets given to a spouse who is not a U.S. citizen. C)The QDOT election can be made for terminable interest property. D)The property protected by the QDOT election is not subject to estate tax upon the death of the income beneficiary of the estate.

Which one of the following statements regarding the qualified domestic trust (QDOT) election is correct? A)The election allows the estate to take a charitable deduction for assets given to a foreign charity. B)The election allows the estate to take a marital deduction for the value of assets given to a spouse who is not a U.S. citizen. C)The QDOT election can be made for terminable interest property. D)The property protected by the QDOT election is not subject to estate tax upon the death of the income beneficiary of the estate.

Administration Of Wills/Trusts/ And Estates

5th Edition

ISBN:9781285281308

Author:Brown

Publisher:Brown

Chapter9: Specialized Trusts

Section: Chapter Questions

Problem 3CTD

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