The unified rate schedule applies to federal taxes. inheritance and gift gift and income gift and estate income and estate
a trust designed to provide liquidity for an estate without increasing the size of the estate is a(n) revocable living irrevocable life insurance testamentary charitable lead

The correct answer for this question is "D. income and estate." The unified rate schedule applies to federal income and estate taxes.

Here are the choices:
A. inheritance and gift
B. gift and income
C. gift and estate
D. income and estate

The correct answer for this question is "C. insurance testamentary." A trust designed to provide liquidity for an estate without increasing the size of the estate is an insurance testamentary.

Here are the choices:
A. revocable living
B. irrevocable life
C. insurance testamentary
D. charitable lead