Recommendations & StrategiesPregunta 72 de 100
A high-net-worth client asks how to reduce estate taxes through lifetime giving. The adviser should mention:
a.That gifts always trigger immediate income tax to the recipient
b.That there is no annual gift exclusion
c.The annual gift tax exclusion, which allows tax-free gifts up to a set amount per recipient each year
d.That gifting is prohibited under securities law
Explicación
The annual gift tax exclusion permits gifts up to an indexed amount per recipient each year without using the lifetime exemption or incurring gift tax. Systematic gifting can reduce the taxable estate over time. Recipients generally do not owe income tax on gifts.
Practica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- When comparing two portfolios with the same return, the one with the LOWER standard deviation is generally considered:
- An investor is subject to the alternative minimum tax and holds private-activity municipal bonds. The adviser should note that interest on certain private-activity bonds may be:
- A client nearing retirement wants to gradually reduce portfolio risk. A glide-path approach would:
- An adviser evaluates a mutual fund's performance against a benchmark index. The value that shows how closely the fund tracks the benchmark is best captured by:
- A client holds appreciated stock and wishes to donate to charity in a tax-efficient way. Donating the appreciated shares directly, rather than selling first, generally allows the client to:
- An adviser must recommend a suitable rollover for a client leaving an employer with a 401(k). The option that generally preserves tax deferral without immediate taxation is:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 66 Uniform Combined State Law Exam · Cómo revisamos