HS330 試験問題を無料オンラインアクセス

All the following will be brought back into the donor's gross estate for federal estate tax purposes EXCEPT

• A.the gift taxes paid last year on a gratuitous transfer of real property
• B.an outright, gratuitous transfer of real property in contemplation of death
• C.a gratuitous transfer of real property to a revocable intervivos trust
• D.a gratuitous transfer of real property with a reserved right to use and enjoy it for life

When the owner of a closely held business dies, the payment of a portion of the federal estate tax may be deferred for a period of several years if the estate otherwise qualifies under the provisions of IRC Section 6166. Which of the following statements concerning this deferral of federal estate tax is correct?

• A.The interest on the unpaid estate tax is payable over the first 10 years, after which the tax plus interest on the balance is payable in equal installments for the last 5 years.
• B.The interest rate on the deferred tax is determined by the prime rate in effect on the date of death.
• C.To qualify for the tax deferral, the closely held business must represent more than 50 percent of the value of the decedent's adjusted gross estate.
• D.Under certain circumstances, the estate will forfeit its right to tax deferral, and all the remaining unpaid estate tax will become due and payable immediately.

All the following statements concerning guardians for minors are correct EXCEPT:

• A.A guardian of the person of a minor may not necessarily be the guardian of the minor's property.
• B.A guardian has equitable title to the property he administers for the minor.
• C.A guardian named in a deceased parent's will is not necessarily binding on the court.
• D.A special guardian can be appointed by the court to protect a minor's rights in a legal proceeding.

A father deeded a house as a gift to his daughter in 1990 but retained the right to live in it until his death. He died this year while still living in the house. The following are relevant facts:
The father bought the property in 1980 for $130,000. The fair market value of the property when the gift was made in 1990 was $150,000. The father filed a timely gift tax return but paid no gift tax because of the applicable credit amount. The fair market value of the property at the father's death was $220,000. The daughter sold the property 3 months after her father's death for $220,000. She had a gain of?

• A.0
• B.$140,000
• C.$120,000
• D.$220,000

All the following statements concerning wills are correct EXCEPT:

• A.Once a person is named as an executor in awill, he or she is required to serve.
• B.In most states a surviving spouse can elect against a will that completely disinherits him or her.
• C.A codicil is a valid modification of a will.
• D.A testator may lose the capacity to revoke a will prior to death.