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1AC 561
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AC 561 Slingshot Academy
How do you think we build a future? I think we
build it by investing in our kids and investing
in education.
2AC 561
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AC 561 Slingshot Academy
AC 561 Unit 1 Homework Exercises
Problem 41, Gift Tax Liability Problem 51,
Commercial Annuity Problem 52, Aiden's Gross
estate at his death Problem 59, Grace's tax
liability from taxable gift Problem 61,
Loretta's taxable gift to granddaughter transfer
tax liability in 2013
3AC 561
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AC 561 Slingshot Academy
AC 561 Unit 2 Homework Exercises
Assignment 2.8 (pg. 42) Assignment 2.9 (pg. 43)
Assignment 2.12 (pg. 50) Assignment 2.14 (pg.
54) Assignment 2.20 (pg. 68)a
4AC 561
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AC 561 Slingshot Academy
AC 561 Unit 3 Homework Exercises
LO.1 Barry creates a trust with property valued
at 7 million. Under the terms of the trust
instrument, Michelle (age 48) receives a life
estate, while Terry (age 24) receives the
remainder interest. In the month the trust is
created, the interest rate is 4.4. Determine the
value of Barry's gifts. (Jr. 19-35-19-36) LO.4
Jacob gives stock (basis of 900,000 and fair
market value of 2.2 million) to Mandy. As a
result of the transfer in 2013, Jacob paid a gift
tax of 90,000. Determine Mandy's gain or loss if
she later sells the stock for 2.3 million. (Jr.
19-36)
5AC 561
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AC 561 Slingshot Academy
AC 561 Unit 5 Homework Exercises
Chapter 20 Problems 22, 23, 25, 31, 35
(beginning on pages 20-37)
6AC 561
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AC 561 Slingshot Academy
How do you think we build a future? I think we
build it by investing in our kids and investing
in education
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