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Reply to "Life insurance purchase decision"
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[quote=Anonymous][quote=Anonymous]Forgot to add: They gift $25K to each kid every year. They’re just wondering if this a sound decision since they have $ just laying around that they don’t know how to use.[/quote]increase the annual gift to $36k. Could give same amount to kid’s spouses and grandchildren if they wanted to spend down too. Not sure what you mean by “if this is sound” [/quote]
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