The Annual Exclusion, Currently $13,000, Is Available for Gift but Not

question 11

True/False

The annual exclusion, currently $13,000, is available for gift but not estate tax purposes.

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Definitions:

Phalanges

are the bones of the fingers and toes, which play essential roles in the ability to grasp objects and maintain balance.

Cranial Bones

The bones that form the skull, protecting the brain and supporting structures of the face.

Flat Bones

Bones with a thin, roughly parallel surface that provide protection for body organs and a base for muscular attachment. Examples include the skull, ribs, and scapulae.

Osteoclasts

Cells that break down bone tissue, playing an essential role in bone remodeling and calcium homeostasis.