你好，想问关于以下问题，在品职CFA3级的IPS部分：
我的问题是：如果想要gift $1,000,000 每年有 $100,000 allowance，那是不是因该按照每年PMT是$100,000去算FV？而不是一次性把 $1,000,000都放在P0当作是PV然后算FV?毕竟这个allowance是要放在每一年来用的？
No.PZ2021090804000014 (问答题)来源: 品职出题
Ann is a rich woman. She wants to transfer part of her wealth to her son and nephew , but she is not sure whether she should use lifetime gifts or testamentary bequests. So she consulted her wealth adviser Johnson. The present value of the amount she wants to transfer to each of them is $1,000,000.
Ann's son has a high income and is an aggressive and successful investor. In contrast, Ann's nephew has a low income and has minimal interest in investment. The selected data for Ann and his sons and nephew are shown in Exhibit 1. (图贴不出来，大致是Ann的儿子每年有$100,000的gifting allowance，然后问是gift好还是bequest好)
Ann asked Johnson to advise him on the most tax-efficient method for each transfer of wealth. In the analysis, Johnson assumes that the bequests (if selected) would happen in 10 years.
Recommend the most tax-efficient wealth transfer option (lifetime gift or testamentary bequest) for Ann's son and nephew . Show your calculations.
