Mr.& Mrs.Clinton are in their 80's. They have saved millions of dollars and need to begin taking steps to minimize their estate tax liability. They have asked you for advice,and you tell them,"Give each of your children,grandchildren,and great-granchildren a cash gift to start spending down your estate. You can do this once a year,and you'll have no gift tax liability. Just make sure that you give each person no more than ____________."

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The Answer of Mr.& Mrs.Clinton are in their 80's. They have saved millions of dollars and need to begin taking steps to minimize their estate tax liability. They have asked you for advice,and you tell them,"Give each of your children,grandchildren,and great-granchildren a cash gift to start spending down your estate. You can do this once a year,and you'll have no gift tax liability. Just make sure that you give each person no more than ____________."

Mr& MrsClinton Are in Their 80's