Fill in the Blanks with the Correct Term from the List

question 2

Essay

Fill in the blanks with the correct term from the list of terms provided.Do not use any term more than once.
$\begin{array}{|l|l|}\hline \text { A. } & \begin{array}{l}\text { Specific properties of the trust are deemed to be sold and reacquired at their } \\\underline{\quad\quad},\text { realizing tax gains and losses on the deemed disposition. }\end{array} \\\hline \text { B. } & \begin{array}{l}\text { Capital properties (non-depreciable), land that is inventory, resource property, } \\\text { and } \underline{\quad\quad}\text { are deemed to have been disposed of on a trust's } 21 \text { st }\\\text { anniversary date. }\end{array} \\\hline \text { C. } & \begin{array}{l}\text { Properties can be transferred to the beneficiaries prior to the } 21^{\text {st }} \text { anniversary, at } \\\text { their }\underline{\quad\quad},\text { thereby deferring the tax effects. } \end{array} \\\hline \text { D. } & \underline{\quad\quad}\text { (is/are) exempt from realizing a deemed disposition of the } \\ &\text { properties at the first } 21 \text { Year anniversary. }\\\hline\end{array}$

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Definitions:

In Vitro Fertilization

A medical procedure where an egg is fertilized by sperm outside the body, commonly used to help individuals or couples with fertility issues conceive.

Zygotes

The initial cell formed when a new organism is produced from the union of an egg and a sperm cell.

Conception

The process of fertilization where a sperm cell unites with an ovum, leading to the formation of a zygote and the start of pregnancy.

Chromosomes

Threadlike structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, carrying genetic information used in growth, development, and function.