Abigail is a beneficiary of a Reverse Q-Tip Marital Trust established under her late husband's Will, valued
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Abigail is a beneficiary of a Reverse Q-Tip Marital Trust established under her late husband's Will, valued at $3.5 million. Abigail also has property in her name alone worth $12 million. During her lifetime, Abigail did not make any Adjusted Taxable Gifts. If Abigail dies in 2024, a widow, what net amount of Federal Estate Tax will her estate owe if she also has received a DSUE estate taxcredit amount equal to $1.5 million from her late husband's estate?
Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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