Business, 26.10.2021 20:10 raymond5799
Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, including cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is:.
a. an easement.
b. a leasehold estate.
c. a life estate.
d. a fee simple absolute.
Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is:___.
A. a joint tenancy.
B. a life estate.
C. a tenancy in common.
Answers: 1
Business, 22.06.2019 16:00, anonymous1813
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
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Business, 22.06.2019 16:10, safiyyahrahman6907
From what part of income should someone take savings?
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Business, 22.06.2019 16:30, emmmssss21
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 3
Roderick possesses five hundred acres of forested property. Roderick has the right to use the land,...
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