CFP

Postmortem Estate Planning Techniques - Answer Key

1. A

The refusal must be made within nine months of the date of death in order to satisfy the rules of a qualified disclaimer.

2.
B

The alternate valuation date is exactly six months after the date of death, which would be Dec. 1, 2011 for Clarence's estate.

3.
A

A deferred annuity is still under the control of the owner (Mr. Success), and the term "deferred" means it could be annuitized at a future date. Therefore, the assets would remain in the estate, so this would not be an effective option.



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