In Which,if Any,of the Following Independent Situations Has Fred Made

question 101

Multiple Choice

In which,if any,of the following independent situations has Fred made a gift?

• A)Fred established a revocable trust,income payable to himself for life and,upon his death,remainder to his children.
• B)Fred dies owning a U.S.savings bond with ownership listed as: "Fred,payable to Sue on Fred's death." Sue redeems the bond.
• C)Fred sends $25,000 to Alice's oral surgeon in payment of her dental implants.Alice is Fred's sister and does not qualify as his dependent.
• D)Fred pays Eva $800,000 in a pre-nuptial settlement of her marital rights.One month later Fred and Eva are married.
• E)None of the above.

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Definitions:

Triangulation

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A form of psychotherapy that seeks to reduce distress and conflict by improving the systems of interactions between family members.

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An origin from which data is obtained, such as databases, surveys, or experiments.

Sociogram

A visual representation or diagram that maps the relationships within a group, often used to identify social dynamics and connections.