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Roberta is considering making annual gifts of $15,000 of stock each to each of her six children. She expects to live another five years and

Roberta is considering making annual gifts of $15,000 of stock each to each of her six children. She expects to live another five years and to leave a taxable estate worth approximately $18,000,000. You should assume that the marginal estate tax rate would be 40%. What is the amount of her estate tax savings from making these gifts?

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