American College Exam HS330 Topic 1 Question 88 Discussion

Actual exam question for American College's HS330 exam

Question #: 88
Topic #: 1

In which of the following estates would it normally be most desirable to provide for a federal estate tax marital deduction for approximately one half of the property?

AIn the estate of the spouse with the bulk of the family wealth when only one spouse has substantial wealth

BIn the estate of the first spouse to die when neither spouse has a substantial estate

CIn the estate of the spouse who does not have the bulk of the family wealth when only one spouse has substantial wealth

DIn the estate of the first spouse to die, regardless of the relative wealth of each spouse

Show Suggested Answer

Suggested Answer: B

by Cordelia at May 19, 2024, 06:55 PM

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Helene

22 minutes ago

I agree with Shantell. Providing for a federal estate tax marital deduction in that scenario would help reduce the tax burden on the estate.

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Shantell

1 days ago

I think the answer is A) In the estate of the spouse with the bulk of the family wealth when only one spouse has substantial wealth.

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