George, who has already exhausted his lifetime transfer tax exclusion amount (unified credit), gives $200,000,000 to be

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George, who has already exhausted his lifetime transfer tax exclusion amount (unified credit), gives $200,000,000 to be split among his 10 grandchildren in his will. Please explain why this is an especially bad idea.

Explain briefly how a "credit shelter trust" shields money from being subject to estate tax.

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Mar 09, 2024 06:56 AM

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George, who has already exhausted his lifetime transfer tax exclusion amount (unified credit), gives $200,000,000 to be

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Heres why Georges plan is a bad idea and how a credit shelter trust can help Why Georges Will is Tax... View the full answer

Intermediate Microeconomics

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