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1. Review transfers that do not qualify as gifts but have gifts or estate planning implications, such as interest-free loans, disclaimers, transfers in the ordinary

1. Review transfers that do not qualify as gifts but have gifts or estate planning implications, such as interest-free loans, disclaimers, transfers in the ordinary course of business, and sham gift transfers involving the assignment of income.

2. Review the three types of Generation-Skipping Transfers: Direct Skip, Taxable Termination, and Taxable Distribution.

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