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Question 5 Which of the following statements best describe the U.S. unified estate and gift tax system? Estate transfers plus gifts that quality for the

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Question 5 Which of the following statements best describe the U.S. unified estate and gift tax system? Estate transfers plus gifts that quality for the annual gift tax exclusion equal the gross estate Estate transfers less lifetime gifts equal the gross estate Taxable teme gifts and transfers at time of death ate combined for purposes of determining the gross estate. Lifetime gifless estate transfers equal the gross estale Question 6 Which of the following statements best describes the advance directive (also called a living W)? The advance active provides instructions to the children to how will be chided The wave provides instructions to the probate judge on tamcelves what property The advance directive provides instructions to the attending physician on how to handle support in the vent of an avere le condition The advance direct provides tons to the post on how to wants hefur hand Question 7 E AN P10 &

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