A Crummey Trust

question 104

Multiple Choice

A Crummey trust

• A)provides the donor with the ability to retrieve the property.
• B)prohibits the beneficiary from withdrawing assets.
• C)allows the donor an annual exclusion for transfers.
• D)receives property that is not eligible for the annual exclusion.

---

Definitions:

Oversimplification

The reduction of a complex issue or situation to simplistic terms, ignoring the nuances and complexities involved.

Argument By Anecdote

Using personal stories as evidence in an argument, which may not be representative or reliable data for general conclusions.

Stereotyping

Making generalized beliefs or assumptions about the characteristics of all members of a group, based on an image about what people in that group are like.

Marian Breland

A pioneering psychologist known for her work in the field of animal behavior and the development of applied behavior analysis.