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In 2018 a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter, each interest is valued at $15,000. The

In 2018 a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter, each interest is valued at $15,000. The gift to the granddaughter is?

Fully shielded by the annual gift tax exclusion.

Partially shielded by the annual gift tax exclusion.

Taxable.

Fully shielded by the annual gift tax exclusion, once it becomes a present interest.

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