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Problem 14-13 (LO14.4) Barry and his wife, Mary, have accumulated over $5.2 million during their 50 years of marriage. They have two children and seven

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Problem 14-13 (LO14.4) Barry and his wife, Mary, have accumulated over $5.2 million during their 50 years of marriage. They have two children and seven grandchildren. How much money can they gift to their children in 2017 without any gift tax liability? Maximum tax-free gifts to children

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