A Timely Issued Disclaimer by an Heir Transfers the Property

question 81

True/False

A timely issued disclaimer by an heir transfers the property to someone else without a Federal gift tax result.

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Definitions:

Components

Fundamental parts or elements that make up a whole system or complex structure.

Connective

A word or phrase that connects clauses or sentences, such as 'and', 'but', or 'because'.

Symbolic Form

An expression or representation that uses symbols to convey ideas or concepts.

Components

The individual parts or elements that make up a whole system or compound.