In 2001, Mason buys real estate for $1.5 million and lists ownership as follows: Mason and Dana,
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In 2001, Mason buys real estate for $1.5 million and lists ownership as follows: “Mason and Dana, joint tenants with the right of survivorship.” Mason dies first, when the real estate is valued at $2 million. How much is included in Mason’s gross estate if Mason and Dana are:
a. Brother and sister.
b. Husband and wife.
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Related Book For
South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts
ISBN: 1389
41st Edition
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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