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lesantik [10]
3 years ago
7

Which of the following statements are true for both gratuitous and testamentary transfers?

Business
1 answer:
kherson [118]3 years ago
4 0

Answer: D. A charitable and marital deduction is allowed in computing the taxable transfers.

Explanation:

A gratuitous transfer is when a property is being given as a gift from a donor while testamentary transfer has to do with the transfer of a property to an individual based on the specification in a will.

The thing true to them is that a charitable and marital deduction is allowed in computing the taxable transfers.

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