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Which of the following statements concerning powers of invasion are correct?
I A five-and-five power may be added to a nonmarital trust without the trust assets being includible in the surviving spouse’s gross estate.
II A five-and-five power may be added to a Q-TIP Trust.
III The surviving spouse may be given the power to invade the entire corpus of a marital trust.
IV The surviving spouse need not be given a power to invade principal under a power of appointment trust.
A. I and II only
B. II and III only
C. III and IV only
D. I, II, III, and IV
Provide a detailed explanation for your answer. ONLY answer if you have a strong estate planning background.
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