Discuss the Basics of The Gift Tax
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Discuss the Basics of The Gift Tax
Question Description
Bob and Jan are a married couple in their late 70s who lives in Idaho. Their net worth is $25 million. They have three children Bob Junior, Tim, and Kimberly all of whom are in their 50s. Bob is a joint tenant in his fourth Street business with his brother Ken. Bob purchased the entire business lot due to his gratitude in helping Bob out in his career early on he granted joint ownership of the business to Ken.
Bob and Jan own a four-bedroom house valued at $600,000 that they have lived in since 1983. Since Bob Junior still lives in the area and would like to eventually live in the house after they have passed on, they would like to ensure that Bob Junior gets the house. Bob and Jan have five grandchildren.
Assuming that Bob and Jan will continue to live for another 10 years discuss the strategies that they can utilize to minimize their gift and estate tax liability. Also discuss the basics of the gift tax along with the estate tax and how it would likely apply to them.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow Discuss the Basics of The Gift Tax
Discuss the Basics of The Gift Tax