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Eddie transfers $600,000 in trust, specifying a life estate to Buckley, remainder to Scarlett on...

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Accounting

Eddie transfers $600,000 in trust, specifying a life estate to Buckley, remainder to Scarlett on Buckley's death. The gift took place when Buckley was age 44. Assume the applicable remainder factor is .25535.

As a result, Eddie has made a gift to Buckley of $fill in the blank 1 and a gift to Scarlett of $fill in the blank 2.

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