Identify Which of the Following Statements Is False

question 19

Multiple Choice

Identify which of the following statements is false.

• A)A future interest includes reversions, remainders, and other interests, which are limited to commence in use, possession, or enjoyment at some future date or time.
• B)The gift tax exclusion is available only for a gift of a present interest.
• C)A trust for a minor (Sec. 2503(c)trust)must distribute all of its income currently in order to qualify for the annual exclusion.
• D)For a transfer made in trust, each beneficiary is deemed to be a separate donee.

---

Definitions:

Transferring Authority

The process of handing over control or responsibility from one individual or entity to another.

Selected Situation

A specific scenario or setting chosen for particular analysis, observation, or intervention.

Post-Operative

Referring to the period after surgical procedures, focusing on patient recovery, wound healing, and monitoring for any complications.

Nursing Order

Instructions for the care of a patient, authorized by a healthcare professional, that direct the specific interventions to be implemented by nursing staff.