Transferring Marriott Reward Points

I have a few questions on how the new transfer policy works.

Is there now a 50,000 point annual limit on transfers? In the past, it was limited to the extent such points were needed for a reservation.

I would like to add my wife's points to my account. Should we be transferring points tomorrow so we can still transfer another 50,000 in 2016?

Does the receipt of points transferred count toward lifetime points?

Thanks in advance.

Transferring Marriott Reward Points