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American College Exam HS330 Topic 3 Question 95 Discussion

Actual exam question for American College's HS330 exam
Question #: 95
Topic #: 3
[All HS330 Questions]

For estate tax purposes which of the following is (are) a form of charitable gifts that may qualify for the charitable deduction?

l. Split gifts

ll. Charitable remainder trusts

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

Chandra
1 months ago
I'm not sure about split gifts, but I know charitable remainder trusts definitely qualify for the charitable deduction.
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Kiley
1 months ago
I agree with Marci, because both split gifts and charitable remainder trusts can qualify for the charitable deduction.
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Marci
1 months ago
I think the answer is C) Both l and II.
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Justine
1 months ago
Charitable remainder trusts? Sounds like a trust fund for the charity. I'll go with C, but I'm already dreaming of my next vacation.
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Antione
9 days ago
That sounds like a good choice. Where are you thinking of going on vacation?
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Vicky
22 days ago
I'm going with option C, both split gifts and charitable remainder trusts qualify for the charitable deduction.
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Emerson
24 days ago
I agree, they can really make a difference.
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Stephen
29 days ago
I think charitable remainder trusts are a great way to give back.
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Nenita
1 months ago
Wait, is 'split gifts' like splitting the bill at a restaurant? I'm lost, but I'll go with C just to be safe.
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Isabelle
1 months ago
This question is giving me a headache. I'm just going to go with the answer that sounds the most 'charitable' - C it is!
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Katlyn
2 months ago
Charitable remainder trusts, huh? That's definitely a form of charitable gift that could qualify. C seems like the right answer to me.
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Vincent
1 months ago
Yeah, that's correct. It's important to know the different forms of charitable gifts for estate tax purposes.
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Vince
1 months ago
I think C is the right answer too. Both split gifts and charitable remainder trusts can qualify for the charitable deduction.
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Alonzo
2 months ago
Split gifts? Sounds like a way to get double the charitable deduction! I'm going with C on this one.
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Freeman
26 days ago
I agree, I'm going with option C as well.
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Cecil
28 days ago
I think split gifts are a great way to maximize the charitable deduction.
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