Which of the Following Is a True Statement

question 21

Multiple Choice

Which of the following is a true statement?

• A) A serial gift strategy utilizes intervivos gifts to multiple donees over multiple years to maximize the annual exclusion.
• B) A serial gift strategy works well even if the gifts don't qualify as present interests.
• C) A bypass trust avoids all estate taxes on the estate of the first spouse to die.
• D) The income tax savings from holding appreciated property until death is always outweighed by the additional estate tax imposed on the property.
• E) None of the choices are true.

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Definitions:

Assessment

The systematic evaluation of processes, characteristics, or outcomes often used to measure knowledge, skills, attitudes, or abilities.

DRO Schedule

A Differential Reinforcement of Other behavior schedule involves reinforcing a subject for exhibiting any behavior other than a target behavior, used in behavior modification programs.

Reinforcement

Reinforcement in psychology is a concept in behaviorism that increases the likelihood of a response by following it with a positive stimulus or the removal of a negative one.

Partial Reinforcement Effect

The tendency for a behavior to become more resistant to extinction following intermittent reinforcement than after continuous reinforcement.