Fast growing assets are often preferred as gifting vehicles because they help to eliminate assets from an individual's estate that could significantly increase its valuation over time, potentially leading to higher estate taxes.

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Fast Growing Assets

Question 24

Multiple Choice

Fast growing assets:

A) Are often preferred gifting vehicles as they eliminate assets that can increase the estate's valuation.
B) Are not preferred gifting vehicles as they eliminate assets that can increase the estate's valuation.
C) Are often preferred gifting vehicles as they do not eliminate assets that can increase the estate's valuation.
D) Are not preferred gifting vehicles as they do not eliminate assets that can increase the estate's valuation.
E) None of the above.

Correct Answer: