Question 14 5 pts Assuming Maria died today, which of the following statements is true? Maria's assets would avoid probate. State intestacy law would dictate who received Maria's assets. All of Maria's community property assets would transfer to Julian because of the implied right of survivorship. O Maria's gross estate would include the life insurance policy on Julian. Next . Previous Tim Atte 1 H D Question 16 5 pts Ignoring all previous case data, assume that Julian died today and assume the estate tax due was $772,851 and Keith is appointed executor. Unfortunately, Keith forgot to file an Estate Tax Return (Form 706) and pay the estate tax due until 45 days after the return's due date. How much is the failure-to-file penalty? $63,233. $77,285. $70,259. $7,026. Next Previous Time Ru Attempt d 1 Hour, ents ns Question 17 5 pts Maria and Julian are considering making a charitable contribution to the Boys and Girls Club of America and want the grandchildren to receive income from the property for an extended period. Which of the following charitable devices may be appropriate to meet their objectives? 1. A charitable Remainder Annuity Trust. 2. A charitable Remainder Unitrust Trust. 3. A pooled Income Fund. 4. A charitable Lead Trust. O2, 3, and 4. O 1, 2, and 3. 1 and 2. 1, 2, 3, and 4. Next Previous N Que Que Que Que Que Time Running Attempt due: Ma 1 Hour, 47 M D Question 19 5 pts Which of the following transfer mechanisms would be appropriate for the transfer of Peas & Kumquats to Javier and Elizabeth assuming Maria and Julian did not want to make an outright gift of the company to them? 1. Private Annuity. 2. SCIN. 3. Family Limited Partnership. 4. QPRT. O1 only. Next > 1 and 2. O 3 only. 1,2,3 and 4. Previous Time R Attempt 1 Hour