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Which of the following is not a type of trust used for estate planning? Credit shelter...

Which of the following is not a type of trust used for estate planning?

  • Credit shelter trust.

  • Qualified terminable interest property trust.

  • Grantor retained annuity trust.

  • Alimony trust.

  • Minor’s Section 2503(c) trust.

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Answer #1

All the above stated options are comes under estate planning trusts classification, except alimony as it is referred as the lump sum amount paid to the spouse on the account of separation or divorced on court order.

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