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Barry and his wife Mary have accumulated over $4 million during their 45 years of marriage. They have three children and five grandchildren. How

Barry and his wife Mary have accumulated over $4 million during their 45 years of marriage. They have three children and five grandchildren. How much money can Barry and Mary gift to their children in 2013 without any gift tax liability? Total gift amount without any gift tax liability $ 28000

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