Question
Which of the following statements regarding qualified charitable deductions (QCDs) is correct?a. QCDs can be made from an IRA or any qualified retirement plan, such
Which of the following statements regarding qualified charitable deductions (QCDs) is correct?a. QCDs can be made from an IRA or any qualified retirement plan, such as a 401(k) plan. b. QCDs can only be made from an IRA. c. An unlimited amount can be gifted to a charity with a QCD because of the unlimited charitable deduction. d. QCDs can only be made after age 71 when required minimum distributions (RMDs) start.
A will should cover any property that the deceased may have owned that is going through probate. Which of the following is the best choice for describing the types of property that should be addressed in a will? a. Real property (realty) b. Personal property c. Real property and both tangible and intangible personal property d. Real property and investments
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