1. Do Estate and Gift Taxes Affect the Timing of Private Transfers?;E G See;ouseholds experiencing larger declines in the expected tax disadvantages of bequests reduced inter vivos transfers relative to households experiencing small declines in the tax disadvantages of bequests,2004
2. For example, the nephew may study in preparation for college; this will make a gift of a college education more useful for him."); see also;See Shavell;J,1980
3. (offering a formal model of deferred giving and altruism and concluding that "donors should be able to bind themselves to give gifts" because donors may want "to distinguish themselves from masqueraders and thereby to induce donees to rely, enhancing the value of gifts" to both donors and donees). 194. On rent-seeking behavior in the context of succession, see James M. Buchanan, Rent Seeking, Noncompensated Transfers, and Laws of Succession;See Shavell, supra note 157,1983