7. The advantages associated with making charitable gifts of appreciated securities include,I. The capital gains tax liability is transferred to the charity. ,II. The donor’s income tax deduction is based on the FMV of the security. ,III. The appreciated security is only removed from the donor’s gross estate if the transfer has been made more than 3 years before death. ,A. II ,B. II and III,C. I and III ,D. III,
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