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Bev Owns Approximately $13 Million of Assets Primarily Composed of a Very

Question 48

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Bev owns approximately $13 million of assets primarily composed of a very valuable parcel of real estate and a savings account of $500,000.Bev has four grandchildren and is planning to give them each an annual gift in equal amounts.Bev can gift $100,000 in total in 2019 to her grandchildren without creating taxable gifts.

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