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April transfers $800,000 of stock to an irrevocable trust. The trust will pay April's daughter for her life and the remainder to her granddaughter .
April transfers $800,000 of stock to an irrevocable trust. The trust will pay April's daughter for her life and the remainder to her granddaughter . Table S estimates the time o future interest and provides a factor of 0.045 for the valuation of the future interest . What is the value of the present interest before the annual exclusion? $800,000 $ 36,000
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Managerial Accounting An Integrative Approach
Authors: C J Mcnair Connoly, Kenneth Merchant
2nd Edition
099950049X, 978-0999500491
