Tax free amount up to annual gift tax exclusion

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1. If a person dies without a will, a probate court will appoint an executor when the probate process is initiated. True or False

2. The estate planning process is fairly simple and can generally be completed by a financial planner without any assistance from a licensed attorney or CPA. True or false

3. All individuals can transfer gift tax free an amount up to the annual gift tax exclusion True or False

Reference no: EM131936732

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