One of the Advantages of an Estate Freeze Is That

question 4

True/False

One of the advantages of an estate freeze is that the preferred stock is not included in the gross estate of the donor.

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Definitions:

Collective Bargaining Contracts

Legally binding agreements resulting from negotiations between employers and labor unions on terms of employment.

Collective Bargaining Agreement

A legally binding agreement resulting from negotiations between a labor union and an employer that dictates the terms of employment.

Beck Rights

The rights of union members to object to the portion of their union dues used for political activities unrelated to collective bargaining, named after the Supreme Court case Communication Workers of America v. Beck.

Union Contracts

Agreements negotiated between labor unions and employers that outline terms of employment, worker rights, and conditions, also known as collective bargaining agreements.