Author Topic: Most Efficient Mode of Donating Property  (Read 770 times)

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Most Efficient Mode of Donating Property
« on: October 12, 2012, 08:55:29 AM »
The spouses Helena and Federico wanted to donate a parcel of land to their
son Dondon who is getting married in December, 2011.  The parcel of land has a
zonal valuation of P420,000.00.  What is the most efficient mode of donating the property?

A. The spouses should first donate in 2011 a portion of  the property valued at
P20,000.00 then spread  the P400,000.00 equally for 2012, 2013, 2014 and 2015.
B. Spread the donation over a period of 5 years by the spouses donating
P100,000.00 each year from 2011 to 2015.
C. The spouses should each donate a P110,000.00 portion of the value of the
property in 2011 then each should donate P100,000.00 in 2012.
D. The spouses should each donate a P100,000.00 portion of the value of the
property in 2011, and  another P100,000.00 each in 2012.  Then, in 2013, Helena
should donate the remaining P20,000.00.

answer is letter C

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