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Q: 1
A client has a minor child she is concerned about what might happen if she was to die, while the child was still young and unable to sensibly handle a sizeable inheritance, one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
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Q: 2
Estate planning has_____ phases.
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Q: 3
A Discretionary Trust can be formed for the benefit of ________________________
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Q: 4
In __________, a protective trust is a type of trust that was devised for use in estate planning.
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Q: 5
Estate Tax in India is _______
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Q: 6
Which of the following structure of Unborn Trust is not valid?
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Q: 7
____________ means excess, increase or addition according to Sharia’ah Terminology. Bahrain has over _________ financial institutions with a wide range of activities including Islamic Insurance.
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Q: 8
High Net Worth Individuals can dispose of their money in______ ways. From the standpoint of the wealth holder,__________ is the most important of all.
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Q: 9
Which of the following statement(s) about “Special Needs Trust” is/are correct? AAFM CTEP question
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Q: 10
A person is deemed to have attained majority on completion of __________________ in case where a guardian of a minor’s property is appointed under the Guardian and Wards Act,1890.
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Question 1 of 20 · Page 1 / 2

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