An Individual Can Give Away Up to $14,000 Per Year

question 38

True/False

An individual can give away up to $14,000 per year before paying an inheritance tax to the IRS.

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Definitions:

Adduction

Movement towards the midline of the body, as in bringing the fingers or toes together.

Abduction

The act of forcibly taking someone away against their will, often used in the contexts of kidnapping or moving a limb away from the body's central line.

Flexion

The movement that decreases the angle between two body parts, such as bending the elbow or knee.

Tactile Fremitus

The vibration felt on the chest wall when a person speaks, useful in medical examination to assess lung health.