In terms of future estate tax (and death tax)savings,there are numerous advantages to making lifetime transfers.In this connection,comment on each of the following.
a.Avoiding the tax on future appreciation.
b.Preparing for the special use valuation method § 2032A.
c.Avoiding the estate tax on any gift taxes paid.
d.The annual exclusions utilized as to gifts.
e.Payment of expenses prior to death.
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