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Author Question: A legal way to move assets from the parents to the children in order to avoid estate taxes upon the ... (Read 80 times)

james0929

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on: Apr 14, 2019

Question 1

Money donated from an estate to charitable organizations is


◦ not subject to estate taxes.
◦ added back into the value of an estate for tax purposes.
◦ an itemized deduction on the federal income tax return of the deceased.
◦ allowed a 50% credit against the value of the estate.

Question 2

A legal way to move assets from the parents to the children in order to avoid estate taxes upon the parents' death is to


◦ gift up to $5,000 per year to one child per year.
◦ gift up to $14,000 per year to each child.
◦ give $20,000 in cash to each child every year.
◦ give each child a share of the family home by putting them on the title to the home.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by james0929 on Apr 14, 2019

gstein359

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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james0929

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Reply #2 on: Apr 14, 2019
Thank you!


gstein359

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Reply #3 on: Apr 14, 2019
Always glad to help...


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