Question: George created a trust today by transferring $ 2 . 5 million into an irrevocable trust. He wants to ensure his daughter Rebecca, age 5
George created a trust today by transferring $ million into an irrevocable trust. He wants to ensure his daughter Rebecca, age
has financial security and stability during her lifetime, while also preserving assets for his grandson Jonah. the remainder interest.
Using the current Sec. interest rate, what is the present value of the lifetime gift to Rebecca? Use only numbers and commas
to answer.
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