Free AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination CTEP Exam Questions

Which of the following is/are benefit(s) of Business Succession Planning?

Under the provisions of Section 6 of the Hindu Succession Act, 1956, where a Hindu male dies intestate on or after ______________, having at the time of his death an interest in a Mitakshara coparcenary property leaving behind a female heir of the class I category, then his interest in the coparcenary property shall devolve by succession under that Act and not by survivorship?

More than_______ in wealth classifies the person as ''Ultra HNI''

Charity tends to be ________ and _________ response.

With reference to the Hindu Marriage Law, which of the following statement(s) is/are correct?

As per Section 164(1) a trust for the benefit of an unborn person is liable to income tax at maximum rate of Income Tax, currently_________.

Which of the following statement(s) about Chargeable Lifetime Transfers is/are correct?

As per Section 3 of the Indian Trusts Act, a person who declares the confidence is called ____________ of the Trust.

If a Muslim gentleman dies, leaving behind his widow, a sister and a son, then how would the property be distributed?

There are ______ steps in Selling process. The last step in Selling Process is ____________.

Full form of IRA is_____________

A person is deemed to be UK resident for fiscal purposes if in any tax year he/she lives in UK for more than ____________.

Wills executed according to __________ of the _____________ are called Unprivileged Wills.

Gift received is not taxable in hands of

Which of the following incomes are not included for computation of taxable income of a Trust/ Society?