Explain the negative tax considerations

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Our client, Debbie desires to freeze the value of her estate. Explain which of the following assets you would recommend that Debbie transfer during her lifetime:

•Life insurance on her life •Cash •Corporate bonds (assume that interest rates are expected to rise) •Stock in a firm that is expected to grow and prosper •Land in a boom town Explain the negative tax considerations (if any) with respect to Debbie making gifts of the assets that you have recommended.

Reference no: EM13137389

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