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Assume that Bill is wealthier than Joan, his wife, and that he is likely to die before her. From an overall tax standpoint (considering transfer
Assume that Bill is wealthier than Joan, his wife, and that he is likely to die before her. From an overall tax standpoint (considering transfer taxes and income taxes), is it preferable for Bill to transfer property to Joan inter vivos (during life) or at death, or does it matter? Explain.
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