Which,if Any,of the Following Is Not a Characteristic of the Federal

question 32

Multiple Choice

Which,if any,of the following is not a characteristic of the Federal gift tax?

• A)A charitable deduction is available.
• B)The alternate valuation date of § 2032 can be elected.
• C)The generation-skipping transfer tax may also apply.
• D)A disclaimer procedure may avoid the tax.
• E)A marital deduction is available.

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Definitions:

Semantic Encoding

The process of encoding sensory input that has particular meaning or can be applied to a context, rather than merely being remembered as a visual or auditory stimulus.

Mnemonic

A memory aid, often a word, phrase, or visual image, designed to help remember information or a concept.

Phonemic

Relating to the system of phonemes in a language, that is, the smallest unit of sound that can distinguish meaning.

Structural

Pertaining to the underlying framework or organization of a system.