MATCHING:
-A practice available to spouses to join in annual gifts and combine their individual gifts to donees to avoid gift taxes
A) marital deduction
B) charitable remainder
C) gift splitting
D) present interest
E) legal life estate
F) stepped-up basis
G) general power of appointment
H) term life insurance
I) disclaimer
J) bypass trust
Correct Answer:
Verified
Q4: If a husband gives his wife a
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
Q10: Gifts of future interests do not qualify
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,
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