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Title: Damitria transfers her rights in a $100,000 insurance policy on June 1 to Tremayne. The policy has a ... Post by: Mandarini on Feb 15, 2017 Damitria transfers her rights in a $100,000 insurance policy on June 1 to Tremayne. The policy has a cash value of $9,000 and an interpolated terminal reserve of $8,500. The annual policy premium of $12,000 had been paid on January 1. Damitria's gift (before the annual gift tax exclusion) to Tremayne is
A) $8,500. B) $9,000. C) $15,500. D) $20,500. Title: Re: Damitria transfers her rights in a $100,000 insurance policy on June 1 to Tremayne. The policy ... Post by: Rimoun on Feb 15, 2017 Content hidden
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