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AAFM CTEP Exam Dumps

Certification Exams

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Number Of Questions: 472

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Exam Details

Exam Name:

Chartered Trust & Estate Planner® (CTEP®) Certification Examination

Exam Code:

CTEP

Total Questions in Exam:

472

Demo Questions

Q1. _____________ is for Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and___________ if for Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding.

A.Form W-8BEN, Form W-8CE

B. Form W-8BEN, Form W-8EXP

C. Form W-8ECI, Form W-8IMY

D. Form W-8ECI, Form W-8EXP

Correct Answer: B

Q2. Mr. Nitin wants to know the value of estate (before taxation) as on 1st January 2013.

A.$10,363,509

B. $10,513,509

C. $10,280,000

D. None of the above

Correct Answer: A

Q3. _____________ is for Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and___________ if for Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding.

A.Form W-8BEN, Form W-8CE

B. Form W-8BEN, Form W-8EXP

C. Form W-8ECI, Form W-8IMY

D. Form W-8ECI, Form W-8EXP

Correct Answer: B

Q4. The defined period for fraudulent transfers under the Bankruptcy Code was formerly ____________prior to the debtor's filing for bankruptcy. This period was ____________ by the Bankruptcy Abuse Prevention and Consumer Protection Act of ___________.Transfers to self-settled trusts may be recaptured if made within _________ of the debtor's filing for bankruptcy if the transfer in trust was made with the intent to hinder, delay or defraud present or future creditors.

A.One year ; Extended to two years; 2005; 10 years

B. Two years; Reduced by one year; 2005; 10 years

C. One year; Extended to two years; 2008; 15 years

D. Two years; Reduced by one year; 2008; 15 years

Correct Answer: A

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