Assuming Darrin died today, which of the following statements regarding a valid disclaimer is correct?...
50.1K
Verified Solution
Link Copied!
Question
Finance
Assuming Darrin died today, which of the following statements regarding a valid disclaimer is correct?
Group of answer choices
Assume Darrin left Elizabeth his interest in the Yacht. If Elizabeth disclaims her property then the transfer will be subject to GSTT.
If James disclaimed his property, the property would transfer to Kathi.
If Kathi wanted to disclaim a portion of the property, she must do so by the due date of the estate tax return plus extensions.
In order for the disclaimer to be valid it must be in writing or witnessed by three nonrelated individuals if the disclaimer is oral.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.