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George and Martha are married, and both have children from prior marriages. George gives each of his children $28,000. a. What are the gift tax

George and Martha are married, and both have children from prior marriages.

George gives each of his children $28,000.

a. What are the gift tax consequences if Martha agrees to split these gifts?

b. What must George and Martha do to elect to split these gifts?

c. What result if Martha also made gifts of $14,000 to each of Georges

children?

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