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AAFM CTEP Exam Questions

Exam Name: Chartered Trust & Estate Planner (CTEP) Certification Examination
Exam Code: CTEP
Related Certification(s): AAFM Chartered Trust and Estate Planner Certification
Certification Provider: AAFM
Number of CTEP practice questions in our database: 472 (updated: Dec. 12, 2024)
Expected CTEP Exam Topics, as suggested by AAFM :
  • Topic 1: Introduction to Personal and Intestate Succession Laws/ Meaning and Essentials of a Contract
  • Topic 2: Society as a form of charitable Organization/ Philanthropy and Charitable Planning
  • Topic 3: FEMA Regulations in Estate Planning/ Introduction to Estate Planning
  • Topic 4: Religious and Charitable Trusts/ Anti-Money Laundering/ Estate Planning Process
  • Topic 5: Internation Estate Planning/ The Basic Tools of Estate Planning
  • Topic 6: Minority and Guardianship Act 1956/ Coparcenary Property Under HSA
  • Topic 7: Laws Affecting Estate Planning/ Business Succession Planning
  • Topic 8: Discretionary Trust/ Private Religious Trust/ Wills and Succession Planning
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Nan

3 days ago
I passed the CTEP exam, and I couldn't have done it without the Pass4Success practice questions. One question from Unit 1 that puzzled me was about the different types of beneficiaries. It asked about the rights of contingent beneficiaries versus primary beneficiaries, and I had to think hard about it.
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Janey

10 days ago
Passed CTEP on my first try! Pass4Success's questions were incredibly similar to the actual exam. Thank you for the efficient study material!
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Dudley

19 days ago
Just passed the CTEP exam, and the practice questions from Pass4Success were incredibly useful. There was a question in Unit 6 about the ethical considerations in estate planning. It asked how to handle situations where the client's wishes conflict with legal or ethical guidelines, and while I was unsure, I still passed.
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Detra

1 months ago
I successfully passed the CTEP exam, and Pass4Success practice questions played a big role. One question from Unit 5 that I found difficult was about the different types of powers of attorney. It asked about the distinctions between durable and non-durable powers of attorney, and I wasn't completely confident in my answer.
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Cherilyn

1 months ago
Wow, CTEP exam was tough but I made it! Pass4Success's practice tests were a lifesaver. Highly recommend for last-minute prep.
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Avery

2 months ago
Happy to share that I passed the CTEP exam! The Pass4Success practice questions were a lifesaver. There was a question in Unit 4 about the legal requirements for a valid will. It asked about the necessary elements and witnesses, and although I was unsure about the exact number of witnesses required, I still managed to pass.
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Kris

2 months ago
I passed the CTEP exam, thanks to the practice questions from Pass4Success. One challenging question from Unit 3 asked about the estate planning strategies for minimizing estate taxes. It was a bit confusing, especially when it came to the use of life insurance in estate planning, but I got through it.
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Alverta

2 months ago
CTEP certified! Pass4Success's materials were crucial for my quick prep. The real exam felt familiar thanks to their questions.
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Almeta

3 months ago
Critical area. Any final advice for future test-takers?
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Gregoria

3 months ago
Just cleared the CTEP exam, and I owe a lot to Pass4Success practice questions. There was a tricky question in Unit 2 about the fiduciary responsibilities of trustees. It asked how a trustee should handle conflicts of interest, and while I had some doubts, the practice questions helped me navigate through it.
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Kerry

3 months ago
Definitely! Use Pass4Success for targeted practice. Their questions closely mirrored the actual exam. And don't forget to review state-specific laws - they came up more than I expected!
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Craig

3 months ago
I recently passed the AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination, and I must say, the Pass4Success practice questions were incredibly helpful. One question that stumped me was about the different types of trusts in Unit 1. Specifically, it asked about the key differences between revocable and irrevocable trusts. I wasn't entirely sure about the tax implications, but I managed to pass the exam.
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Magda

3 months ago
Just passed the CTEP exam! Thanks to Pass4Success for their spot-on practice questions. Saved me so much time!
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Loise

6 months ago
Just passed the CTEP exam! Be prepared for questions on estate tax calculation, particularly for high-net-worth individuals. Focus on understanding exemption limits and gift tax implications. Thanks to Pass4Success for their spot-on practice questions that helped me prepare efficiently!
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Free AAFM CTEP Exam Actual Questions

Note: Premium Questions for CTEP were last updated On Dec. 12, 2024 (see below)

Question #1

_____________ 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.

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Correct Answer: B

Question #2

Which of the following statement(s) is/are incorrect?

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Correct Answer: B

Question #3

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.

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Correct Answer: A

Question #4

In US, GST exemption limit for 2013 is _______________ and the Estate and Gift tax for the same year is __________.

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Correct Answer: B

Question #5

Individuals who receive employment income in Singapore and who are tax residents of countries that have concluded double tax treaties with Singapore may be exempt from Singapore income tax if their period of employment in Singapore does not exceed a certain number of days, usually _______ in a calendar year or within __________ and if they satisfy certain additional criteria specified in the treaties.

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Correct Answer: A

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