Answer the following statements true (T) or false (F)

1. A trust can even be set up so that the beneficiary never directly receives the trust assets, as the trustee can be given the authority to pay on the beneficiaries behalf.
2. A discretionary trust allows for unforeseen or unwelcome events at the time of the trusts execution.
3. One of the advantages of a sprinkling or spray trust is that the trustee is given a tremendous amount of power and sole discretion.
4. The marital deduction allows property left to the surviving spouse to pass tax free.
5. The marital deduction is limited to $1 million, after which the surviving spouse must pay taxes.


1. True
2. True
3. False
4. True
5. False

Legal Studies & Paralegal

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