In which of the following situations has a taxable gift occurred?

Question

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A taxable gift has occurred when one person gives a gift of value to another person without receiving something of equal value in return. In this case, Eva gave Arlan securities worth $500,000, which is a gift of value and therefore a taxable gift. The other options do not involve taxable gifts. A trust with income payable to the creator and remainder to their children is not a gift, establishing a joint savings account does not constitute a gift unless one party is providing all the funds, and withdrawing funds from a joint account after the other person's death is not a gift.

In Which of the Following Situations Has a Taxable Gift