When Jen dies this year her gross estate included the following: . Cash $271,658 held in...
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When Jen dies this year her gross estate included the following: . Cash $271,658 held in Jen's name Investments . Life Insurance • House $2,790,007 title Tenants in Common with her husband Jake a U.S. Citizen $1,431,362 son is beneficiary $2,180,081 owned solely by Jen Jen's will leaves $20,000 to her son and the remainder of her probate assets to Jake. Estate Administrative expenses are $25,000 for administrative expenses, $50,000 for funeral expenses and $200,000 for a mortgage. What is the amount of the marital deduction on Jen's estate tax return? When Jen dies this year her gross estate included the following: . Cash $271,658 held in Jen's name Investments . Life Insurance • House $2,790,007 title Tenants in Common with her husband Jake a U.S. Citizen $1,431,362 son is beneficiary $2,180,081 owned solely by Jen Jen's will leaves $20,000 to her son and the remainder of her probate assets to Jake. Estate Administrative expenses are $25,000 for administrative expenses, $50,000 for funeral expenses and $200,000 for a mortgage. What is the amount of the marital deduction on Jen's estate tax return?
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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