Question: Is there a completed gift in the following example? Explain. (a) Dan Donor paid $32,000 for a new car and gave the car (transferred title

Is there a completed gift in the following example? Explain.

(a) Dan Donor paid $32,000 for a new car and gave the car (transferred title and keys) to his 17 year old daughter

b) The mother established a joint account for herself and Arlene, her daughter. Under the account, either can withdraw the funds.

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