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Exit VCEDump HS-330 Fundamentals of Estate Planning Test

Q30 Single choice

A father is considering giving his daughter a gift.
For tax planning purposes, the father should give his daughter which of the following?

A
Raw land that cost him $10,000, its present fair market value, but which has a substantial potential for appreciation
B
A bond that cost him $15,000 and is now worth $10,000
C
Real estate that cost him $40,000 and is now worth $120,000, subject to a $110,000 mortgage
D
Stock that cost him $10,000 and which now has a fair market value of $20,000

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