Nontax benefits of lifetime gifts include all the following EXCEPT to
A. obtain privacy that is not possible to obtain through testamentary transfers
B. reduce probate and administrative costs
C. avoid claims of creditors evidenced by liens
D. provide for the education of thedonee
Answer:C
Nontax benefits of lifetime gifts include all the following EXCEPT to
A. obtain privacy that is not possible to obtain through testamentary transfers B. reduce probate and administrative costs C. avoid claims of creditors evidenced by liens D. provide for the education of thedonee