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Which of the following statements are correct? I. A sale is not a gift. II . A SCIN payment terminates at the death of the

Which of the following statements are correct?
I. A sale is not a gift.
II. A SCIN payment terminates at the death of the seller.
III. At the end of a QPRT term, the remainder beneficiary of the QPRT owns the home.
IV. Only a general partner can manage a family limited partnership.
Question 20 options:
II, III, and IV only
I, II, and III only
I, II, and IV only
I, II, III, and IV

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