Under the split-gift provision of the Internal Revenue Code, two parents of three children can give to the children tax free each year as much as
A) $13,000.
B) $26,000.
C) $39,000.
D) $78,000.
Correct Answer:
Verified
Q1: The tools available to the estate planner
Q3: Living trusts may be
A) charitable.
B) revocable.
C) irrevocable.
D)
Q4: An estate planning questionnaire should be completed
Q5: An inter vivos gift is a gift
Q6: Estate planning is sometimes called a science
Q7: The estate planner must establish and make
Q8: A donor can give to each of
Q9: Parents who give their child an interest-free
Q10: Term insurance is used for a particular
Q11: Sometimes estate taxes can be saved by
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