A Serial Gift Strategy Uses Multiple Gifts to Maximize the Value

question 128

True/False

A serial gift strategy uses multiple gifts to maximize the value of the annual exclusion.

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Definitions:

Henry Kissinger

A significant political figure, diplomat, and geopolitical consultant, known for his role as United States Secretary of State and National Security Advisor in the 20th century.

Unconditional Pardon

A complete forgiveness for a crime that removes all legal penalties without any conditions or stipulations attached.

Equal Rights Amendment

A proposed amendment to the U.S. Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex, though it has not been ratified.

American Society

A diverse and complex society in the United States characterized by various cultural, ethnic, and religious backgrounds.