Which of the Following Is a Completed Gift

question 42

Multiple Choice

Which of the following is a completed gift?

• A)Greta transfers $50,000 to a revocable trust benefiting her children Hans and Julio.
• B)Juan purchases a ski chalet using his own funds, but listing Penelope as a joint owner.
• C)Horatio transfers $60,000 to a bank account with Hazel. Hazel does not contribute any money to the account.
• D)Mike changes the beneficiary of his policy to Meredith.

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