The mostly appropriate option that would be useful for the clients objectives would be combination A-B-C (power of appointment, family bypass, and QTIP) trust arrangement.
<h3>What is meant by the beneficiaries of a property?</h3>
This is the term that is used to refer to the person that would be the ones that would takeover the ownership of a particular property when the owner of the property passes or when the owner intends to give it off.
Given that the intention of the man is to leave the property to the wife what would be done would be combination A-B-C (power of appointment, family bypass, and QTIP) trust arrangement.
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complete question
Which one of the following transfers is most appropriate for achieving the client's objectives?
A) combination A-B-C (power of appointment, family bypass, and QTIP) trust arrangement
B) outright transfer of the entire estate into a power of appointment trust
C) outright gift of two-thirds of the estate to his current wife, with the remainder passing to the teenage children in a nonmarital trust
D) family bypass trust equal to the applicable exclusion amount for the teenage children, with the remainder in a marital trust for his current wife
