Which of the Following Is a True Statement

question 54

Multiple Choice

Which of the following is a true statement?

• A)A serial gift strategy utilizes intervivos gifts to multiple donees over multiple years to maximize the annual exclusion.
• B)A serial gift strategy works well even if the gifts don't qualify as present interests.
• C)A bypass trust avoids all estate taxes on the estate of the first spouse to die.
• D)The income tax savings from holding appreciated property until death is always outweighed by the additional estate tax imposed on the property.
• E)None of these is true.

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Definitions:

Ecological Economic

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Environmental Impacts

The effects or consequences of human activities or natural processes on the natural environment, including air, water, and land.