American College Exam HS330 Topic 1 Question 108 Discussion

Actual exam question for American College's HS330 exam

Question #: 108
Topic #: 1

A father died leaving his property equally to his wealthy son and his poor daughter. The son wishes to disclaim his share of the inheritance so that it will pass to his sister without his incurring any gift tax liability. In this situation, all the following acts on the part of the son are required EXCEPT:

AHis refusal to accept the inheritance must direct specifically that his sister is to receive it instead.

BHis refusal to accept the inheritance must be in writing.

CHis refusal to accept the inheritance must be received by the executor of his father's estate within 9 months of his father's death.

DHe must not have received any part of his inheritance or any income from it prior to his refusal to accept it.

Show Suggested Answer

Suggested Answer: D

by Nobuko at Mar 07, 2025, 08:13 PM

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Craig

11 days ago

Wow, this is a tricky one! I think the key here is understanding the requirements for the son to disclaim his inheritance without incurring gift tax liability. It's important to pay attention to the 'EXCEPT' part of the question.

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