Property Can Be Transferred Within the Family Group by Gift

question 27

Multiple Choice

Property can be transferred within the family group by gift or at death.One motivation for preferring the gift approach is:

• A)To take advantage of the higher unified transfer tax credit available under the gift tax.
• B)To avoid a future decline in value of the property transferred.
• C)To take advantage of the per donee annual exclusion.
• D)To shift income to higher bracket donees.
• E)None of these.

---

Definitions:

Immunizations

The process by which an individual is made immune or resistant to an infectious disease, typically by the administration of a vaccine.

Primary Care Providers

Health care professionals who offer a first point of contact for all patients within the health care system, providing continuous and comprehensive care for a variety of common illnesses and conditions.

Spinal Manipulation

A therapeutic intervention performed on spinal articulations and related tissues to relieve pain and improve physical functioning, often used in the practice of chiropractic.

Optometrists

Healthcare professionals who specialize in the examination, diagnosis, treatment, and management of disorders and diseases of the visual system, the eye, and associated structures.