1. Which do you prefer: a bank account that pays 8% per year (EAR) for three years or:
(i) An account that pays 4% every six months for three years?
(ii) An account that pays 12% every 18 months for three years?
(iii) An account that pays 0.8% per month for three years?
2. How do you elect portability?
a. The election is made by checking the box on Schedule M of Form 706
b. The election is made on the decedent's final form 1040
c. The election is made by filing a from 706 in a timely manner for the first spouse to die
d. The election is made on the first year of Form 1041.