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In the current year, Martha makes the transfers below to her husband, Ryan. What is the amount, if any, of her marital deduction?
a)In August, she gives him a house valued at $250,000.
b)In December, she gives him a 15-year income interest in a trust with the bank name as trustee. She names her son as the remainderman. The trust is irrevocable and is funded with $500,000 of assets, and 8% is the applicable interest rate.
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The sector of agriculture and commerce dedicated to the cultivation, processing, and distribution of papayas, including production of fruit, seeds, and derived products.
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Animals that have been genetically modified to carry and express genes from other species, often used in research, medicine, and agriculture.
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