Giselle,a widow,has an extensive investment portfolio that has appreciated in value. Starting in 2008,she initiates a policy of making annual gifts of securities to her grandchildren who are attending college.Evaluate Giselle's policy in terms of the:
a.Federal gift and estate taxes.
b.Federal income tax.

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The Answer of Giselle,a widow,has an extensive investment portfolio that has appreciated in value. Starting in 2008,she initiates a policy of making annual gifts of securities to her grandchildren who are attending college.Evaluate Giselle's policy in terms of the:
a.Federal gift and estate taxes.
b.Federal income tax.

Giselle,a Widow,has an Extensive Investment Portfolio That Has Appreciated in Value