Explain to your client, Mary, the process of transferring a residential house worth $700,000 and...
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Accounting
Explain to your client, Mary, the process of transferring a residential house worth $700,000 and company stock worth $10,000,000 to her children 1) before her death and 2) after her death. Additionally, explain the tax liabilities involved and present two plans to 1) minimize taxes and 2) avoid taxes
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