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Phil and Marcy have been married for a number of years. Marcy is very wealthy, but Phil is not. In fact, Phil, who has only
Phil and Marcy have been married for a number of years. Marcy is very wealthy, but Phil is not. In fact, Phil, who has only $200,000 of property, is very ill, and his doctor believes that he probably will die within the next few months. Make one (or more) tax planning suggestions for the couple. Assume the year is 2018 and that Phil may die in 2018.
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