Which of the Following Is a True Statement

question 136

Multiple Choice

Which of the following is a true statement?

• A)Leaving all property to the surviving spouse maximizes the marital deduction and therefore minimizes total transfer taxes on the estates of both spouses.
• B)A bypass provision in the will of the deceased spouse is designed to use the applicable credit of the deceased spouse by transferring property to beneficiaries other than the surviving spouse.
• C)Serial gifts are limited in scope because only $10,000 can be transferred each year tax-free to any specific donee.
• D)Serial gifts can move significant amounts of wealth only if employed by multiple donors.
• E)None of the choices are true.

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Controversial

Pertaining to or causing public disagreement, debate, or differing opinions.

Popular

Widely admired, accepted, or sought after by many people within a given context or community.

Neglected

The state of not receiving sufficient attention, care, or consideration, often leading to feeling forgotten or overlooked.

Fertility Rate

The average number of children born to a woman over her lifetime within a population, a key demographic measure.