What Is the Limit on the Amount of Property That

question 33

Multiple Choice

What is the limit on the amount of property that can be transferred to a spouse free of any transfer taxes?

• A)$14,000 per year
• B)$1,000,000
• C)An unlimited amount
• D)All transfers to a spouse are subject to transfer taxes

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Definitions:

Nucleus Pulposus

The inner core of the vertebral disc, consisting of a jelly-like material that acts as a cushion between the spinal vertebrae.

Lamina

A thin layer, membrane, or plate of tissue, especially in bone or plant structures.

Calcaneus

The heel bone, a large bone forming the foundation of the rear part of the foot.

Fibula

The fibula is a long, thin bone located on the lateral side of the tibia in the lower leg.