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322 - Estate Planning (1) Under Section 2056(b)(3), if the only condition whereby the surviving spouse s interest may terminate is death in a common disaster or within six months of the decedent s death and such death does not occur (2) Under Section 2056(b)(5), if the surviving spouse is entitled to all the income for life and the surviving spouse has a general power of appointment (3) Under Section 2056(b)(7), if the personal representative elects to deduct the value of quali ed terminable interest property (QTIP) (4) Under Section 2056(b)(8), if property is transferred to a quali ed charitable remainder trust, where the surviving spouse is the only noncharitable bene ciary 3 QTIP planning and the prior transfer credit A The rst spouse to die has power of the ultimate disposition of property B For a property transfer to receive QTIP treatment, the following two conditions apply: (1) An irrevocable election must be made by the donor spouse or by the executor for QTIP, and (2) The surviving spouse must receive a quali ed income interest for life Income from the trust must be paid at least annually to the surviving spouse C A quali ed income interest is de ned as follows: (1) The surviving spouse must be entitled to receive all income from the property; in other words: (a) Some form of distribution of income is mandatory (b) Accumulation is not permitted (c) Only a spouse can receive the income; no other bene ciaries are permitted (2) Income must be paid at least annually (3) No person may assign any part of the property to any person other than the surviving spouse (4) For federal estate tax purposes, the value of the property is taxable in the surviving spouse s gross estate D Property treated as QTIP and that quali es for the marital deduction in the owner s estate tax return must be included in the surviving spouse s gross estate When such QTIP property is later dispersed from the surviving spouse s estate, the executor of the estate is entitled to seek repayment from the recipients for estate taxes paid on the surviving spouse s estate If reimbursement is not sought, the bene ciaries of the estate may be deemed to have made a gift to the persons from whom reimbursement could have been obtained E Sometimes called a C trust or a Q trust 4 Special planning for noncitizen spouses A IRC Section 2056(d) disallows the marital deduction if the surviving spouse is not a US citizen B If the spouse becomes a citizen before the federal estate tax return is led (within nine months), IRC Section 2056(d) does not apply However, the spouse must have been a US resident at the time of the decedent s death C The marital deduction is allowed for property placed in a quali ed domestic trust (QDOT) that passes to a non-US surviving spouse (1) The executor makes an irrevocable election (2) Requires at least one trustee to be a US citizen or US corporation.



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Like prepared statements, batch updates can result in more efficient SQL execution However, the added value of batch updates comes from the decreased network latency and fewer roundtrips between client and server Hypothetically, we need to insert 10,000 rows in a remote database As we saw from the earlier test, the time to execute one INSERT using a PreparedStatement is

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As you know by now, the name Linux comes from the Linux kernel created by Linus Torvalds. The desktop, application, server, and other software needed to create a full Linux system are added from other open source projects. The following is a list of some of the major open source software organizations that usually have software included with Linux: Free Software Foundation (www.fsf.org) Supports the GNU project, which produces much of the software outside the kernel that is associated with Linux. In particular, open source versions of nearly every early UNIX command have been implemented by the GNU project. Apache Software Foundation (www.apache.org) Produces the Apache (HTTP) Web server. It also manages related projects, such as SpamAssassin (spam filtering software) and a variety of modules for serving special Web content (perl, SSL, PHP, and so on). K Desktop Environment (www.kde.org) Develops KDE, one of the two leading desktop environments used with Linux. GNOME (www.gnome.org) Develops the other leading Linux desktop environment (used as the default desktop for Red Hat Linux systems). X.org (www.x.org) and XFree86 (www.xfree86.org) These two organizations provide different implementations of the X Window System graphical desktop framework software. Internet Systems Consortium (www.isc.org) Develops several major open source software projects related to the Internet. These include Bind (domain name system server), INN (InterNetNews news server), and DHCP (dynamic host configuration protocol).

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Suppose, however, that our database wasn't local and instead required an average roundtrip time of 50 ms (which is pretty quick, by the way) Then, instead of a 30-second total insert, we would require

Sources: Adapted from Vasilash (2002), The Economist (2001), and Williams (2001).

Contrast that with a batch update approach, which would require the same database processing but only one network roundtrip:

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