ANSWER – A. A taxable termination
Since John, who is grandfather’s direct son is deceased, only
the skip person (Paul, grandfather’s grandson) will be the beneficiary and the $1,500,000
will pass outright from grandfather to Paul, grandfather's grandson. This event
be a taxable termination.
<u>Heating process</u> is a process that causes sand grains to stick together to form sandstone.
An individual would want to use a bank because of some reasons. One is that it is a safe place to keep their money. Another reason is that there is an interest when you put your money in a bank. Which means your money will continue to grow.
