The amount of the exemption equivalent is the same for both transfers by gift and transfers by death.

Name: The amount of the exemption equivalent is the same for both transfers by gift and transfers by death.
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Quizplus · Accepted Answer

The exemption equivalent refers to the amount that can be transferred either during life (by gift) or at death (by bequest or inheritance) without incurring federal gift or estate tax, making it the same for both types of transfers.

The Amount of the Exemption Equivalent Is the Same for Both