48. [LO 3] Sly wants to make annual gifts of cash to each of his four children and six grandchildren. How much can Sly transfer to his children in 2010 if he makes the maximum gifts eligible for the annual exclusion, assuming he is single?
48. [LO 3] Sly wants to make annual gifts of cash to each of his four children and six grandchildren. How much can Sly transfer to his children in 2010 if he makes the maximum gifts eligible for the annual exclusion, assuming he is single?