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I, III, and IV

I, III, and IV

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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One premortem liquidity planning technique is to reduce the client's potential gross estate. Which of the following actions may reduce the client's gross estate?

  1. Placing assets in a grantor-retained annuity trust (GRAT) with a 10-year term that names the client's child as remainderman
  2. Placing assets in a revocable living trust that disperses its assets to the client's child at the client's death
  3. Placing assets in an irrevocable trust in which the client is neither a beneficiary or trustee
  4. Placing assets in an irrevocable trust in which the client as sole trustee has discretion to distribute income
 
 
A)
I, III, and IV
 
 
B)
II, III, and IV
 
 
C)
I and III
 
 
D)
II and IV
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