Whether an organization is a qualified charity for estate tax purposes depends on its status on the date the transfer takes place,and not when the will is executed.

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The statement is true. For estate tax purposes, the status of an organization as a qualified charity is determined on the date of the transfer of the estate, not the date when the will is executed. This means that if an organization loses its status as a qualified charity between the time the will is executed and the time the estate is transferred, it may not be eligible for tax deductions, even if it was qualified at the time the will was executed.

Whether an Organization Is a Qualified Charity for Estate Tax