Which statement best describes the difference between the QTIP trust and the power of appointment trust?

Question 10 options:

Both qualify for the marital deduction

Only the QTIP trust qualifies for the marital deduction; the power of appointment trust may not

The surviving spouse receives all income from the QTIP trust; the surviving spouse may only receive principal distributions from a power of appointment trust

The surviving spouse does not direct the ultimate distribution of assets from a QTIP; the surviving spouse does direct the ultimate distribution of assets from a power of appointment trust

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