Question: Raff created a joint bank account for himself and his friends son, Dave. There is a gift to Dave when a. Raff creates the account.

Raff created a joint bank account for himself and his friend’s son, Dave. There is a gift to Dave when

a. Raff creates the account.

b. Raff dies.

c. Dave draws on the account for his own benefit.

d. Dave is notified by Raff that the account has been created.

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