Question: At a local bank, Jack purchases for $100,000 a five-year CD listing title as follows: Meredith, payable on death to Briana. Four years later, Meredith

At a local bank, Jack purchases for $100,000 a five-year CD listing title as follows: "Meredith, payable on death to Briana." Four years later, Meredith dies. Briana, Meredith's daughter, then redeems the CD when it matures. Discuss the transfer tax consequences if Meredith is:

a. Jack's wife.

b. Jack's ex-wife.

c. Jack's girlfriend.

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