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Burt and Lisa are married and live in a common law state. Burt wants to make gifts to their four children in 2014. What is the maximum amount of the annual exclusion they will be allowed for these gifts?
Collectibility
The likelihood or ability of a business to collect on its accounts receivable, reflecting the financial health and creditworthiness of its customers.
Minimum Lease Payments
The least amount of payments over the leasing period, including any residual value, guaranteed by the lessee under a lease agreement.
Unearned Interest
Interest that has been collected on a loan by a lender but not yet earned, usually because the loan has not reached its maturity.
Lessor's Financial Statements
Financial documents provided by the owner (lessor) reflecting the financial health and performance of assets leased out.
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