Mr. Zeplin wants to make a cash gift to each of his five children, to each of

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Mr. Zeplin wants to make a cash gift to each of his five children, to each of their five spouses, and to each of his 13 grandchildren. How much total wealth can he transfer to his descendants without making a taxable gift if:

a. He is an unmarried individual?

b. He is married to Mrs. Zeplin?

Assume the taxable year is 2018.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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Question Posted: Jan 18, 2019 05:38 AM

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Mr. Zeplin wants to make a cash gift to each of his five children, to each of

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a Mr Zeplin can transfer 345000 1...View the full answer

Principles Of Taxation For Business And Investment Planning 2019 Edition

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