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Phil and Marcy have been married for several years. Marcy is very wealthy, but Phil is not. In fact, Phil, who has only $200,000 of
Phil and Marcy have been married for several 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 tax planning suggestion for the couple. Assume the year is 2019 and that Phil may die in 2019.
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