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Stella Flier Has Received an Inheritance of $100,000

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Essay

Stella Flier has received an inheritance of $100,000. She is trying to decide what to do with this mon
come to you for some advice. She has an excellent credit rating and no outstanding debts. She would buy a $225,000 house and invest $100,000 in bonds as a safety net.
Required:
How could Stella minimize her tax liability, assuming only the facts given?


Definitions:

Urinary System

The bodily system responsible for the production, storage, and elimination of urine, including the kidneys, bladder, and urethra.

Diabetes

A chronic condition characterized by high levels of sugar in the blood due to the body's inability to produce or use insulin effectively.

Graves' Disease

An autoimmune disorder that leads to overactivity of the thyroid gland (hyperthyroidism), causing symptoms such as rapid heart rate, weight loss, and eye bulging.

Senses

The faculties by which the body perceives an external stimulus, including sight, smell, hearing, touch, and taste.

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