Question
Barry and his wife Mary have accumulated over $4 million during their 45 years of marriage. They have three children and five grandchildren. A- How
Barry and his wife Mary have accumulated over $4 million during their 45 years of marriage. They have three children and five grandchildren.
A- How much money can Barry and Mary gift to their children in 2008 without any gift tax liability?
B- How much money can Barry and Mary gift to their grandchildren?
C- What is the total amount of estate removed from Barry and Marys estate?
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
