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  Study Guide for Certified Trust and Financial Advisor( CFTA) test The Certified Trust and Financial Advisor(Certified Trust and Financial Advisor) test is a professional instrument test for individualities who work in the trust and wealth operation assiduity. The CFTA designation is awarded by the American Bankers Association( ABA) and is honoured as a symbol of excellence in the field. To prepare for the CFTA test, the ABA provides a range of sanctioned study accoutrements , including books, online courses, and practice examinations. These accoutrements cover the core capabilities and knowledge areas tested on the test, including ·         Fiduciary and trust conditioning ·         fiscal planning ·         Investment operation ·         duty law and planning ·         Estate planning ·         Ethics and professional responsibility 1.       Generation- Skipping Transfer duty – A duty on the transfer of means to a devisee who's two or further generations youngish than the transferor. 2.      Gift duty – Exam Labs DumpsA duty on the transfer of plutocrat or means to another person as a gift. 3.       Charitable Remainder Trust – A trust that allows the patron to admit income from the trust means for a specified period of time, with the remainder going to a charitable association. 4.       Charitable Lead Trust – A trust that provides income to a charitable association for a specified period of time, with the remainder going to the patron’s heirs. 5.       Irrevocable Life Insurance Trust – A trust that holds a life insurance policy, with the proceeds going to the trust heirs duty-free. Exclusive Exam Prep: Success Guaranteed Bundle >>>>>https://examlabsdumps.com/aba/what-is-a-ctfa-designation/  

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