Homework 7 - Bradley Dougherty Estate Planning Dr Deason-Toyne October 7th 2016 Chapter 7 Homework Discussion Questions 1 2 Support Future Appreciation

Homework 7 - Bradley Dougherty Estate Planning Dr...

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Bradley Dougherty Estate Planning Dr. Deason-Toyne October 7 th , 2016 Chapter 7 Homework Discussion Questions 1. ? 2. Support, Future Appreciation, Income on Transferred Assets 3. An installment sale with a low AFR or interest rate, partial sale-gift transactions, outright gifts, gifts in trusts, transactions that use minority and liquidity discounts, and transfers that are not subject to gift tax rules. 4. Equal to the life expectancy of the seller/annuitant based on the annuitant’s age at the date of sale. 5. The annuitant receives a constant stream of income for the remainder of his life, and removes the asset transferred and any of its subsequent appreciation from his gross estate. 6. All else equal, the buyer will pay more for property sold by a SCIN than he would pay in a straight installment rate. 7. The buyer would have to pay more for the property. 8. The buyers adjusted basis in the property is the agreed upon purchase price of the property.

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