MATCHING: -The Right of a Beneficiary or Heir to Refuse a a Gift

question 24

Multiple Choice

MATCHING:
-The right of a beneficiary or heir to refuse a gift by will, trust, or inheritance without any adverse tax consequences

• A)marital deduction
• B)charitable remainder
• C)gift splitting
• D)present interest
• E)legal life estate
• F)stepped-up basis
• G)general power of appointment
• H)term life insurance
• I)disclaimer
• J)bypass trust

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Definitions:

Java Applet

A small application written in Java that can be embedded in a web page, primarily used in the early days of the internet.

GUI Application

A graphical user interface application that allows users to interact with electronic devices through graphical icons and visual indicators.

JCheckBox

A GUI component in Java Swing that represents a checkbox which can be either checked or unchecked by the user.

ToggleButton

A ToggleButton is a user interface element that can switch between two states or options when clicked, often represented visually by being "checked" or "unchecked."