Your clients, Mr. and Mrs. Smith, have requested a meeting to discuss US Estate Tax...
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Accounting
Your clients, Mr. and Mrs. Smith, have requested a meeting to discuss US Estate Tax and related tax and
financial planning for 2021, and the future.
A) Prepare a high level outline of discussion topics for your meeting.
B) Briefly describe the following terms:
Gross Estate
Alternate Valuation Date
Estate and Gift Tax Unified Credit and Equivalent Exemption
Estate Tax Marital Deduction
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