Which of the Following Transfers Is a Completed Gift

question 75

Multiple Choice

Which of the following transfers is a completed gift?

• A) Payment of child support by a former spouse.
• B) Transfer of property to a revocable trust.
• C) Transfer of cash to a bank account held in joint tenancy with the right of survivorship.
• D) Income paid to the beneficiary of a revocable trust.
• E) None of the choices is a completed gift.

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Definitions:

Harvard Professor of History

A faculty member specializing in history at Harvard University, which is often indicative of a high level of authority and expertise in the field.

Bridge

A structure constructed to span a physical obstacle, such as a body of water, valley, or road, without blocking the way underneath.

Trucks

Large motor vehicles designed primarily for transporting cargo or specialized payloads over roads.

Poisoning the Well

A logical fallacy where adverse information about a target is preemptively presented to an audience, with the intention of discrediting or ridiculing everything that the target person is about to say.