AAFM Exam CTEP Topic 8 Question 46 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 46
Topic #: 8

The Client wants to find out the value of estate that his spouse and each of their children would receive assuming he dies today.

A$2,804,035

B$2,774,035

C$2,757,333

D$2,772,702

Show Suggested Answer

Suggested Answer: B

by Maxima at Jul 13, 2024, 04:55 AM

Limited Time Offer

25%

Off

Get Premium CTEP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Roxanne

3 months ago

C. $2,757,333 is the way to go. I've seen these kinds of estate questions before, and that number just seems to hit the sweet spot.

upvoted 0 times

Gregg

3 months ago

Yes, that number makes sense for the value of the estate.

upvoted 0 times

...

Tamesha

3 months ago

I think so too, it's a common number for estate calculations.

upvoted 0 times

...

Delmy

3 months ago

I agree, $2,757,333 seems like the most reasonable option.

upvoted 0 times

...

Steffanie

3 months ago

I calculated it and I'm confident it's C) $2,757,333.

upvoted 0 times

...

Tambra

4 months ago

Wait, is this a trick question? I mean, who leaves their entire estate to their spouse and kids these days? Might as well just hand it all over to the government!

upvoted 0 times

Salena

3 months ago

D) $2,772,702

upvoted 0 times

...

Lemuel

3 months ago

C) $2,757,333

upvoted 0 times

...

Teri

3 months ago

B) $2,774,035

upvoted 0 times

...

Jennie

3 months ago

A) $2,804,035

upvoted 0 times

...

Benedict

4 months ago

Hmm, I'm not sure. These numbers are all pretty close, but I'm leaning towards D. $2,772,702. That just feels like the most reasonable estimate to me.

upvoted 0 times