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Sly is a widower and wants to make annual gifts of cash to each of his three children and six grandchildren. How much can Sly
Sly is a widower and wants to make annual gifts of cash to each of his three children and six grandchildren. How much can Sly transfer to his children and grandchildren this year if he makes the maximum gifts eligible for the annual exclusion?
Same facts as the prior question, what is the amount of the total transfer if Sly is married and elects to gift splitting, assuming his spouse makes no other gifts?
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