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.
While the conclusion of a deductive argument is certain, the truth of the conclusion of an inductive argument is probable, based upon the evidence given. Many dictionaries define inductive reasoning as reasoning that derives general principles from specific observations, though some sources disagree with this usage.