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:

Social Disruptions

Events or activities that interrupt the social order or significantly alter the way a society functions.

Colonialism

Colonialism is the policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Street Crime

Refers to criminal activities that occur in public places, often involving theft, assault, or vandalism.

Heroin Fix

Slang for the act of using heroin, typically referring to the injection of the drug to experience its psychoactive effects.