Troy and Myrna are husband and wife and have several adult children.Myrna has a net worth in excess of several million dollars,while Troy's assets are negligible.Suggest several planning procedures that will maximize the use of estate exemption equivalents (i.e.,bypass amounts)in transferring Myrna's wealth to the children under the following assumptions.
a.Myrna dies first.
b.Troy dies first.
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