
CTEP | Chartered Trust & Estate Planner
Updated CTEP Practice Test @ Killexams
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CTEP - Chartered Trust & Estate Planner - braindump
Vendor | AAFM | |
Exam Number | CTEP | |
Exam Name | Chartered Trust & Estate Planner | |
Questions | 649 Q & A | |
Updated On | Click to Check Update | |
Free PDF Download | CTEP Brain Dump | |
Download Full Braindumps PDF | Killexams CTEP Complete Document |
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CTEP - Chartered Trust & Estate Planner - Reviews
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![]() AAFM CTEP : Chartered Trust & Estate Planner Exam Questions and Practice TestPractice Test Organized by Shahid nazir |
Latest 2025 Updated AAFM Chartered Trust & Estate Planner Syllabus
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CTEP Question Bank : Download 100% Free CTEP Exam Questions (PDF and VCE)
Exam Number : CTEP
Exam Name : Chartered Trust & Estate Planner
Vendor Name : AAFM
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CTEP Latest Topics are ready to download.
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CTEP Exam Format | CTEP Course Contents | CTEP Course Outline | CTEP Exam Syllabus | CTEP Exam Objectives
Exam Code: CTEP
Exam Name: AAFM Chartered Trust & Estate Planner (CTEP)
Duration: Typically 2–3 hours (varies by testing provider).
Passing Score: Usually around 70%–75% (subject to AAFM guidelines).
Format: Multiple-choice questions, case studies, and/or essay-based exams (varies by provider).
- Fundamentals of Estate Planning
- Testate vs. Intestate (dying with/without a will)
- Probate (legal validation of a will)
- Grantor/Settlor (creator of a trust)
- Beneficiary (individual receiving assets)
- Executor/Administrator (person managing the estate)
- Guardianship (care of minors/dependents)
- Wills & Trusts
- Types of Wills:
- Simple Will
- Holographic Will
- Pour-Over Will
- Living Will.
- Trust Structures:
- Revocable vs. Irrevocable Trusts
- Living Trusts (created during lifetime)
- Testamentary Trusts (created via will)
- Special Needs Trusts (for disabled beneficiaries)
- Charitable Remainder Trusts (CRT)
- Trustee (manager of the trust)
- Fiduciary Duty (legal responsibility to act in beneficiarys best interest)
- Per Stirpes vs. Per Capita (inheritance distribution methods)
- Tax Planning & Wealth Transfer
- Estate Tax vs. Inheritance Tax
- Gift Tax (annual exclusions, lifetime exemptions)
- Generation-Skipping Transfer Tax (GSTT)
- Step-Up in Basis (tax adjustment on inherited assets)
- Portability (transfer of unused estate tax exemption between spouses)
- Grantor Retained Annuity Trust (GRAT)
- Qualified Personal Residence Trust (QPRT)
- Probate & Estate Administration
- Probate Process: Steps, timelines, and costs.
- Small Estate Affidavit (simplified probate for small estates)
- Letters Testamentary (legal authority to administer an estate)
- Estate Inventory & Appraisals
- Creditor Claims & Debt Settlement
- Asset Protection & Risk Management
- Domestic Asset Protection Trusts (DAPT)
- Family Limited Partnerships (FLP)
- Limited Liability Companies (LLC) for Asset Protection
- Homestead Exemptions (protecting primary residence)
- Fraudulent Conveyance (illegal asset transfer to avoid creditors)
- International Estate Planning
- Foreign Trusts & Tax Compliance (e.g., FATCA)
- Domicile vs. Residence (tax implications)
- Treaty Planning (avoiding double taxation)
- Offshore Asset Protection Trusts
- Business Succession Planning
- Buy-Sell Agreements (funded by life insurance)
- Key Person Insurance
- Family Business Transfers (e.g., Installment Sales, FLPs)
- Valuation Methods (discounted cash flow, market comparables)
- Ethics & Professional Standards
- Fiduciary Responsibilities
- Conflicts of Interest
- Client Confidentiality
- AAFM Code of Ethics
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CTEP Exam
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