Podcast
Questions and Answers
What is one tax benefit of being in a healthy marital relationship?
What is one tax benefit of being in a healthy marital relationship?
- Creating a family partnership for income division (correct)
- Receiving no gift tax exemptions for transfers to your spouse
- Paying higher estate taxes on inheritances
- Inability to file joint income tax
Which government benefit is available to spouses?
Which government benefit is available to spouses?
- Unemployment benefits after divorce
- Veterans and military benefits for spouses (correct)
- Social security benefits for children only
- Educational benefits for spouse's parents
How does being married affect estate planning?
How does being married affect estate planning?
- Spouses cannot inherit under federal law
- Marriages complicate inheritance processes
- Spouses receive no exemptions from estate tax
- Spouses are eligible for estate and gift tax exemptions (correct)
What is a benefit of filing taxes jointly while married?
What is a benefit of filing taxes jointly while married?
Which of the following is NOT a government benefit for spouses?
Which of the following is NOT a government benefit for spouses?
What are boundaries defined as?
What are boundaries defined as?
Which of the following is NOT a characteristic of boundaries?
Which of the following is NOT a characteristic of boundaries?
Which of the following statements exemplifies how to set a boundary?
Which of the following statements exemplifies how to set a boundary?
What is one purpose of establishing boundaries?
What is one purpose of establishing boundaries?
Which option reflects a misconception about boundaries?
Which option reflects a misconception about boundaries?
What benefit allows a spouse to file for adoption or foster care?
What benefit allows a spouse to file for adoption or foster care?
Which benefit allows a spouse to make burial arrangements after a partner's death?
Which benefit allows a spouse to make burial arrangements after a partner's death?
What benefit relates to receiving family rates for various services?
What benefit relates to receiving family rates for various services?
Which option allows for automatic renewal of leases in case of a spouse's involvement?
Which option allows for automatic renewal of leases in case of a spouse's involvement?
What medical benefit is provided to a spouse regarding hospital visits?
What medical benefit is provided to a spouse regarding hospital visits?
Flashcards
Joint Income Tax Filing
Joint Income Tax Filing
Filing a single tax return with the IRS and state authority as a couple.
Family Partnership
Family Partnership
A tax strategy allowing income division among family members.
Spouse's Estate Tax Exemption
Spouse's Estate Tax Exemption
Exemption from estate and gift taxes for gifts to a spouse.
Social Security/Medicare/Disability Benefits
Social Security/Medicare/Disability Benefits
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Spouse Veterans/Military Benefits
Spouse Veterans/Military Benefits
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Medical Decisions for Spouse
Medical Decisions for Spouse
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Burial Arrangements
Burial Arrangements
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Adoption Benefits
Adoption Benefits
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Renewing Leases
Renewing Leases
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Family Rates for Services
Family Rates for Services
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What are boundaries?
What are boundaries?
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What are boundaries NOT?
What are boundaries NOT?
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How do boundaries help?
How do boundaries help?
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How to set a boundary?
How to set a boundary?
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Why are boundaries important?
Why are boundaries important?
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