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If Your Estate Is $500,000 Over the Maximum Tax Free

Question 94

Multiple Choice

If your estate is $500,000 over the maximum tax free limit,one way to avoid paying estate tax on the excess would be to


A) hide $500,00 in cash and bury it in the yard, leaving a secret map.
B) order the estate to make a $500,000 charitable contribution since the amount contributed would not be subject to estate tax.
C) gift the $500,000 to your children after your death but before the estate is settled.
D) None of these schemes will avoid the estate tax.

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