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29. An individual's lifetime gifts tend to: a. Increase the present value of gift and estate tax liabilities. b. Decrease the present value of gift

29. An individual's lifetime gifts tend to: a. Increase the present value of gift and estate tax liabilities. b. Decrease the present value of gift and estate tax liabilities. c. Increase the chances of an IRS audit. d. Increase the frequency of gifts between spouses

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