If your brother lives for at least seven years after giving you the money, the gift will be exempt from inheritance tax. If he dies within seven years, the value of his gift to you would be added to his estate and any tax due would be paid out of his estate.
: Reasoning that seeks to establish the relationship between causes and effects Rules for using causal reasoning 1. It can be difficult to establish clear cause/effect relationships 2. This preview has intentionally blurred sections. Sign up to view the full version.
There are three kinds of logical reasoning in logic: Deduction, induction, and abduction. Deduction means determining the conclusion. It is using the rule and its precondition to make a conclusion. Example: When it rains, the grass gets wet.