Indicia of ownership describes signs that the grantor still possesses the asset.

• A. Remainder interest
• B. Retained interest
• C. Income-producing assets
• D. Indicia of ownership

Answer: (D)

Indicia of ownership are the signs that the grantor still has control or benefits from the asset after transferring title. It means the grantor continues to possess, use, or receive income from the asset, or retains power over it, which shows ongoing ownership even though legal title has moved. In context, these signs matter for purposes like gift taxation or determining whether a transfer is complete or retained; if indicia of ownership exist, the transfer may not be treated as a fully completed gift for taxation.

In this question, the statement is a direct description of what the term means, so it is the best fit. The other options describe a future or generic asset category rather than the signs of ongoing ownership: a remainder interest is a future right that takes effect later, a retained interest is a broad term for keeping some stake, and income-producing assets refer to the type of asset rather than indicators of ownership.