Identify Which of the Following Statements Is True

question 74

Multiple Choice

Identify which of the following statements is true.

• A)When making a QTIP transfer, the donor does not control who will receive the property on the death of the donee-spouse.
• B)The marital deduction is limited to the amount of the gift that exceeds the annual exclusion.
• C)Claiming the marital deduction on a QTIP transfer is mandatory.
• D)Terminal interests cannot be eligible for the marital deduction.

---

Definitions:

Focal Object

An entity or concept that is the primary focus of attention or analysis.

Perception

The process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment.

Primacy Effect

A perception problem through which an individual assesses a person quickly on the basis of the first information encountered.

Recency Effect

A perception problem through which we use the most recent information available to assess a person.