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One of Marcels primary financial planning goals includes making lifetime gifts to his children. He...

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Accounting

One of Marcels primary financial planning goals includes making lifetime gifts to his children. He would like to do this to help his children and to reduce the familys potential future estate tax liability. If he moves forward with his plan to maximize the value of the strategy, he should make gifts of property that:

I.are expected to depreciate in the future.

II.are expected to appreciate in the future.

III.have already depreciated significantly.

a.I only

b.II only

c.III only

d.I and III only

e.I, II, and III

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