You and Your Spouse Wish to Give Each of Your

question 58

Multiple Choice

You and your spouse wish to give each of your three grandchildren a yearly tax-free gift from your estate.If you give each of your three grandchildren the maximum amount allowed by law,what is the total amount that you as a couple would pay out in gifts in 2017?

• A)$14,000 per year
• B)$42,000 per year
• C)$54,000 per year
• D)$84,000 per year

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