Payment to a College for a Grandchild's Tuition Is Not

question 24

True/False

Payment to a college for a grandchild's tuition is not a taxable gift.

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Definitions:

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner, with the aim of reducing the negative effects while increasing the positive outcomes.

Constructive Dialogue

A form of conversation between two or more parties aimed at finding solutions or understanding through positive, structured exchange.

Third-Party Intervention

A process where an external party is invited to assist in resolving a dispute or conflict, often aiming to facilitate negotiation or provide mediation.

Mediation Effectiveness

The degree to which mediation successfully resolves disputes or facilitates agreements between parties.