3 years ago

The unified rate schedule applies to federal ____ taxes. inheritance and gift gift and income gift and estate income and estate

1 answer:

6 0

The correct answer for this question is "D. income and estate." The unified rate schedule applies to federal income and estate<span> taxes.

</span>Here are the choices:
A. inheritance and gift
B. gift and income
C. gift and estate
D. income and estate

The correct answer for this question is "C. insurance testamentary." A trust designed to provide liquidity for an estate without increasing the size of the estate is an <span>insurance testamentary.</span>

Here are the choices:
A. revocable living
B. irrevocable life
C. insurance testamentary
D. charitable lead

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