In 2018, Debbie and Max bought a $1,000,000 vacation home, taking title jointly in the form of tenants by the entirety. To purchase the home, Debbie contributed $700,000 from her trust fund and Max contributed $300,000 from his savings. This year Debbie dies when the home is worth $1,500,000. How much is included in her gross estate as a result of these facts?

Answer rating: 100% (QA)

In this scenario since Debbie and Max purchased the ... View the full answer