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6. Mark is married to Pam. Their daughter wants a car that costs $29,000. The money will all come from Pam's account. If the transfer
6. Mark is married to Pam. Their daughter wants a car that costs $29,000. The money will all come from Pam's account. If the transfer is done properly it will not be subject to the gift tax. a) Explain briefly why there would be no gift tax b) Explain what steps are necessary to achieve the desired result
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