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Mr. Zeplin wants to make a cash gift to each of his five children, to each of their five spouses, and to each of his
- Mr. Zeplin wants to make a cash gift to each of his five children, to each of their five spouses, and to each of his 13 grandchildren. How much total wealth can he transfer to his descendants without making a taxable gift if:
- a. He is an unmarried individual?
- b. He is married to Mrs. Zeplin?
Please show work so I can understand it better.
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
