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Caleb transferred $115,000 to an irrevocable trust for Avery. The trustee has the discretion to distribute income or corpus for Avery's benefit but is required to distribute all assets to Avery (or his estate)not later than Avery's 21 st birthday. What is the amount, if any, of the taxable gift?
One Place
A colloquial expression referring to a single, specific location or point of interest, often emphasizing convenience or centrality.
Natural Language Processing (NLP)
The field of computer science and artificial intelligence focused on enabling computers to understand, interpret, and generate human language.
Personal Assistant
A software or hardware agent that performs tasks or services for an individual based on commands or questions.
Decision Support System (DSS)
A type of business intelligence system designed to help managers develop solutions for specific problems.
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