Any future appreciation of gifted property is excluded from the estate.

Name: Any future appreciation of gifted property is excluded from the estate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. Any future appreciation of gifted property is excluded from the estate of the person who gave the gift. This means that the value of the property at the time of the gift is the amount that is excluded from the giver's estate for estate tax purposes.

Any Future Appreciation of Gifted Property Is Excluded from the Estate