Christian wants to transfer as much as possible to his four adult married children $($including spouses$)$ and eight minor grandchildren without using any unified transfer tax credit.

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a$.$ What amount should Christian transfer to accomplish his tax goal without using any unified transfer tax credit?

$fill in the blank $74$f$033$f$75$fa$3036\_1$

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The annual exclusion applies to all gifts of a present interest made during the calendar year in the order in which they are made. A gift made by a person to someone other than their spouse may be considered, for Federal gift tax purposes, as having been made one$-$half by each spouse.

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b$.$ What if Christian's spouse, Mia, joins in the gifts?

They can gift $fill in the blank $37693900$d$03$df$8$b$\_1$

without using any unified transfer tax credit.

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Incorrect

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c$.$ Express your computations for parts $($a$)$ and $($b$)$ as a Microsoft Excel formula.

EXCLUDE$=($MAX$(2,$NUMDONORS$))$NUMDONEES$$ANNEXCL