In 2006,Mario transferred several assets by gift to different persons.Mario dies in 2008.Information regarding the properties given is summarized below.
The transfer of the land and the stocks and bonds resulted in a total gift tax of $60,000.As to these transactions,Mario's gross estate must include:
Definitions:
Lawton IADL Instrument
An assessment tool used to measure an individual’s ability to perform instrumental activities of daily living, indicating their level of independence.
Self-Report
A method for gathering data where individuals provide information about themselves, often used in surveys and questionnaires.
Environmental Hazards
Refer to potentially harmful factors or conditions in the environment that can cause adverse health effects, including chemical, physical, and biological agents.
Grab Bars
Safety devices installed in bathrooms or other areas to provide support and stability, helping to prevent falls.
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