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Isaac is married and Isaac and his spouse agree that they want to transfer the maximum amount of cash to each of their four children
Isaac is married and Isaac and his spouse agree that they want to transfer the maximum amount of cash to each of their four children and six grandchildren. How much cash in total can Isaac and his spouse transfer to his children and grandchildren each year without creating any taxable gifts?
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$280,000
$0
$5,490,000
$140,000
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