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CTEP Exam Dumps : Chartered Trust & Estate Planner® (CTEP®) Certification Examination

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Chartered Trust & Estate Planner® (CTEP®) Certification Examination Questions and Answers

Question 1

__________________ is spoken rather than dictated or written.

Options:

A.

Nuncupative Will

B.

Notarial Will

C.

Mirror Will

D.

Simple Will

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Question 2

Mrs. Brown is a widow with four children. Her husband left his estate completely to her on his death. When Mrs. Brown dies, her estate on death includes:-

The funeral expenses of Mrs. Brown amount upto £1,900. Find out the amount of estate that would be distributable to each beneficiary.

Options:

A.

£108,048

B.

£108,333

C.

£107,858

D.

£205,548

Question 3

A Hindu coparcenary consists of a common male ancestor and his linear descendants in the male line within _______ degrees. ___________ is the state in which HUF is not recognized.

Options:

A.

Four, Karnataka

B.

Four, Kerala

C.

Three, Kerala

D.

Three, Karnataka