Charlie recently established an ILIT and transferred his life insurance policy with a death benefit of $1 million into the ILIT. Charlie named his wife Sarah and son Steven as a Crummey beneficiaries. As Crummey beneficiaries, each beneficiary is entitled to withdraw one-half of the contributions to the ILIT each year up to the greater of $5,000 or 5% of the ILIT assets (other than the $50,000 transferred to the trust each year to pay the premiums, the trust has no other assets with value). Charlie transfers $50,000 each year to the ILIT to pay the premiums and Charlie wants to reduce the gift tax value of the $50,000 premiums transferred to the trust each year and avoid Crummey lapses. What gifting technique is available to Charlie to reduce the taxable gift

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement