7. Your 75-year-old grandparents have over $10,000,000 in assets. They have three children and nine grandchildren. How

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7. Your 75-year-old grandparents have over $10,000,000 in assets. They have three children and nine grandchildren.

How much money can they gift to each of the children and grandchildren in 2015 without any gifttax liability? (LO 16-3)

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7. Your 75-year-old grandparents have over $10,000,000 in assets. They have three children and nine grandchildren. How

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Personal Finance Building Your Future

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