A Timely Issued Disclaimer by an Heir Transfers the Property

question 81

True/False

A timely issued disclaimer by an heir transfers the property to someone else without a Federal gift tax result.

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Definitions:

Dorothy Smith

Is a Canadian sociologist known for her work in sociology and feminist studies, particularly for developing standpoint theory and institutional ethnography.

Jane Addams

An American reformer and social worker, co-founder of Hull House in Chicago, who was awarded the Nobel Peace Prize in 1931 for her efforts in promoting peace and social welfare.

Social Activism

The effort to promote, impede, or direct social, political, economic, or environmental reform or stasis with the desire to make improvements in society.

Patriarchy

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, and control of property.