Multiple Choice
A split-interest gift transfer
A) involves two public (charitable) organizations.
B) involves two present interests.
C) qualifies for a charitable contribution deduction if the recipient charity receives a guaranteed annuity, which is a present interest.
D) cannot qualify for a deduction if a future interest is given to a charitable organization.
Correct Answer:

Verified
Correct Answer:
Verified
Q71: A net gift occurs when a donor
Q72: Tia funds an irrevocable trust with $100,000,
Q73: Identify which of the following statements is
Q74: Identify which of the following statements is
Q75: Discuss the purpose of the gift tax
Q77: A "Crummey demand power" in a trust
Q78: Calvin transfers land to a trust. Calvin
Q79: Damitria transfers her rights in a $100,000
Q80: Gloria makes the following gifts during the
Q81: In the current year, Martha makes the