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Trudy and her husband Adrian have an estate currently valued at $ 2 0 , 0 0 0 , 0 0 0 . They wish
Trudy and her husband Adrian have an estate currently valued at $ They wish to reduce the size of their estate by gifting money to their family. They plan to give the maximum gift allowed up to the Annual Federal Gift Tax Exemption amount of $ They have children of whom are married. They also have grandchildren. What is the maximum amount they can give their children, children's spouses, and grandchildren each year, without exceeding the gift tax exemption?
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$
$
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