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One of the Objectives of Establishing a Program of Lifetime

Question 106

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One of the objectives of establishing a program of lifetime giving is to transfer assets that are likely to appreciate in value. Examples include life insurance policies, valuable collections
e.g., art works), vacation homes, and undeveloped real estate. However, such gifts could cause economic problems for certain donees. Explain why.

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These so called "dry assets" require mai...

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