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Your client owns tfl shares of BOA stock at a time when it is selling on the stoclr exchange for $1DD per share. She bought

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Your client owns tfl shares of BOA stock at a time when it is selling on the stoclr exchange for $1DD per share. She bought the stock when it was at an all-time low for $35 per share. Recentlyr she has examined her life and feels that if Bill Gates and Mr. Buffet can be so generous with their wealth, she should be as well. She consults with you about the advantages of making charitable contributions during life, as well as at death, to a private foundation managed by a successful entrepreneur in her town [the foundation channels money to rescue animals from disasters and war-torn countries]. Which of her assumptions about charitable contributions stated below are correct\"? a. if she gives her stock outright to the foundation, she will get a contribution for the fair market Ealue of the stock less the capital gains tax she will have to pavr on the appreciation, or Q,25. at her death, her estate will get a charitable contribution for $35,l]fi[l. she will not owe any.r gift tax if she contributes the stock. all of the above are correct. all of the above are incorrect. FOP-WP"

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