Question
Which technique matches a parents objective? Select one: a. A parent who wants to save for a childs education in a tax-advantaged education account should
Which technique matches a parents objective?
Select one:
a. A parent who wants to save for a childs education in a tax-advantaged education account should consider establishing a 529 plan.
b. A parent who wants to distribute income to one child and the principal to another should establish a UTMA account
c. A parent who wants to transfer real property to a child but does not want to pay for the expense of creating a trust should establish a UGMA account
d. A parent who wants to take an annual exclusion of $65,000 this year should establish a 2503(c) trust
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