Barry transfers $1,000,000 to an irrevocable trust with income to Robin for her life and the remainder
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Barry transfers $1,000,000 to an irrevocable trust with income to Robin for her life and the remainder to Maurice (or his estate). Calculate the value of the life estate and remainder if Robin’s age and the prevailing interest rate result in a Table S discount factor for the remainder of 0.27.
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Related Book For
Taxation Of Business Entities 2018 Edition
ISBN: 9781260174441
9th Edition
Authors: Brian C. Spilker, Benjamin C. Ayers, John A. Barrick, Edmund Outslay, John Robinson, Connie Weaver Ronald G. Worsham
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