Burt and Lisa Are Married and Live in a Common

question 192

Multiple Choice

Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2017. What is the maximum amount of the annual exclusion they will be allowed for these gifts?

• A)$14,000.
• B)$28,000.
• C)$56,000.
• D)$112,000.
• E)None of these.

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Definitions:

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be mitigated through diversification.

Financial Risk

The possibility of losing financial capital or value, including the risks from market movements, credit risk, liquidity risk, and operational risks faced by investors or companies.

Debt Financing

Raising capital through the sale of bonds, loans, or other notes to individuals or institutions.