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AAFM CTEP Exam With Confidence Using Practice Dumps

Exam Code:
CTEP
Exam Name:
Chartered Trust & Estate Planner (CTEP) Certification Examination
Certification:
Vendor:
Questions:
472
Last Updated:
Jan 24, 2025
Exam Status:
Stable
AAFM CTEP

CTEP: AAFM Certification Exam 2024 Study Guide Pdf and Test Engine

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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

What is the full form of CLT?

Options:

A.

Charitable Life Transfer

B.

Calculated Lending Time

C.

Charity Lead Time

D.

Chargeable Lifetime Transfer

Question 3

Vikrant Juneja gifted his house property to his wife in year 2007. Mrs. Juneja then lets out this house @ Rs. 5000 per month. The income from such house property will be taxable in the hands of:

Options:

A.

Mrs. Juneja

B.

Vikrant. However income will be computed first as Mrs. Juneja’s income and thereafter clubbed in the income of Manish.

C.

Vikrant, as he will treated as deemed owner & liable to pay tax

D.

Anyone amongst both of them, whose income is greater.