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Free AAFM CTEP Exam Questions

Absolute Free CTEP Exam Practice for Comprehensive Preparation 

  • AAFM CTEP Exam Questions
  • Provided By: AAFM
  • Exam: Chartered Trust & Estate Planner (CTEP)
  • Certification: AAFM Certification
  • Total Questions: 475
  • Updated On: Jan 12, 2026
  • Rated: 4.9 |
  • Online Users: 950
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  • Question 1
    • A trust involves_______ parties. ___________ is the person who establishes the trust. 

      Answer: B
  • Question 2
    • _________ means the amount of _________or its equivalent value in money payable under the Muslim law annually by a Muslim during the month of Ramadan to be used for religious or charitable purposes recognized by the Muslim law.

      Answer: A
  • Question 3
    • With reference to the Hindu Marriage Law, which of the following statement(s) is/are correct?

      47



      Answer: A
  • Question 4
    • A father and his _________________ can also form an HUF. 

      Answer: B
  • Question 5
    • 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. 

      Answer: A
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