Multiple Choice
Which of the following is a completed gift?
A) Greta transfers $50,000 to a revocable trust benefiting her children Hans and Julio.
B) Juan purchases a ski chalet using his own funds, but listing Penelope as a joint owner.
C) Horatio transfers $60,000 to a bank account with Hazel. Hazel does not contribute any money to the account.
D) Mike changes the beneficiary of his policy to Meredith.
Correct Answer:
Verified
Correct Answer:
Verified
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