When Christopher dies, he wants to leave one half of his adjusted gross estate to his spouse and the other half of the estate to the American Cancer Society. What type of will does he need to create?
A.marital share will
B.simple will
c.exemption trust will
d.stated amount will
Answers
Answered by
28
Answer:
When Christopher dies, he wants to leave one half of his adjusted gross estate to his spouse and the other half of the estate to the American Cancer Society.////
exemption trust will.
Explanation:
Answered by
5
Exemption trust will
Explanation
Christopher has to create exemption trust will because
- This will adjust the half estate to the relative of the died person i.e. to the spouse and half amount to any of the society or NGO.
- The whole income is sometimes transferred to the charitable trusts.
- Helps to deduct the married couple's taxes.
- These will cannot be changed without the permissions of the trusts.
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