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Mary's descendants include her children grandchildren, and great-grandchildren. Mary is in the process of

transferring a residential house worth $700,000 and company stock worth $10,000,000 to her descendants. Assuming that the generation-skipping transfer tax did not exist, what type of tax planning would maximize the preservation of the wealth of Mary's family?

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Given case : Mary transfers a residential house of $ 700,000 and company stock of $10,000,000 to her descendants. There are... View the full answer

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