Gifts of future interests do not qualify for the annual gift tax exclusion.
Correct Answer:
Verified
Q5: MATCHING:
-The right to pass on an interest
Q6: MATCHING:
-An estate created by operation of law
Q7: After it is established, an estate plan
Q8: MATCHING:
-An increase in the income tax of
Q9: MATCHING:
-A practice available to spouses to join
Q11: Estate administration expenses can be used as
Q12: MATCHING:
-An immediate and unrestricted interest in real
Q13: An elderly beneficiary may choose to disclaim
Q14: MATCHING:
-The least expensive form of life insurance,
Q15: A charitable remainder annuity trust allows for
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