Reference no: EM131214494
1. Which of the following transactions does not constitute a completed gift for federal gift tax purposes?
a. An outright gift of $100,000 to a United States citizen spouse.
b. A gratuitous transfer of $1,000,000 to an irrevocable trust, with a life estate to the grantor's sister, and the remainder to a grandchild.
c. A year-end bonus of $15,000 to the vice-president of finance from the majority shareholder.
d. All are gifts.
2. What are the gift tax consequences if donor transfers $2 million to donor’s former spouse as a property settlement pursuant to a written divorce agreement?
a. There is no marital deduction available if the donee/former spouse is not a U.S. citizen.
b. The transfer is not considered a gift for federal gift tax purposes.
c. There is a gift, and the marital deduction is available in this case regardless of the citizenship of the donee/former spouse.
d. None of the above is correct.
|
What would the prediction of the given experiment be
: What would the prediction of this experiment be? What is the experimental variable? What is the independent variable? What is the dependent variable? Which group is the control group? Which group is the experimental group?
|
|
Languages in addition to english
: What would be the employment laws applicable to this..how would they would be applied in this scenario, why. Explain if you had to fire her 30-year-old female. She is originally from South America, and is fluent in 3 languages in addition to English..
|
|
Communicate the appeals process to all employees
: Discuss the personal and organizational consequences when an investigation has uncovered workplace abuse. Describe the definition of workplace bullying. Also include the organization's position and how the behavior hinders company goals and negativ..
|
|
Find and plot the normalized field array antenna radiation
: Find and plot the normalized field array antenna radiation patterns for the following number of elements N, spacing h, phase constant β= π [rad/m] and phase angle φ of each consecutive element with respect to the previous element starting with zer..
|
|
What are the gift tax consequences
: Which of the following transactions does not constitute a completed gift for federal gift tax purposes? What are the gift tax consequences if donor transfers $2 million to donor’s former spouse as a property settlement pursuant to a written divorce a..
|
|
Describe a major theme of the movie
: Describe a major theme of the movie you have selected using evidence from the movie itself as well as course resources and other scholarly sources to support your position.
|
|
Vice president of human resources
: You are the Vice President (VP) of Human Resources (HR) for Moore Beer, Inc. The President of the company has asked you to terminate the employment for a number of employees.
|
|
Find the array radiation pattern of the antenna
: Five-element array. An antenna array is made of five Hertzian dipoles, spaced λ/4 apart and driven in phase. The dipoles are parallel to each other.
|
|
The federal gift tax return
: The federal gift tax return (Form 709) is generally due. $1,500,000 will pass outright from Grandfather to Grandfather’s grandson, Paul, by virtue of being named as the beneficiary of a bank account in Grandfather's name. Grandfather’s son, John, who..
|