You and your spouse wish to give each of your three grandchildren a yearly tax-free gift from your estate. If you give each of your three grandchildren the maximum amount allowed by law without additional tax consequences, what is the total amount that you as a couple would pay out in gifts in 2020?

Select one:

a.

$30,000

b.

$15,000

c.

$84,000

d.

$50,000

e.

$90,000