At the time of his death, John held the following assets. Fair Market Value of Asset Green

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At the time of his death, John held the following assets.
Fair Market Value of Asset
Green stock held as equal tenants in common with brother ........................ $500,000
Rental property held as joint tenant with spouse (John bought the property) ... 400,000
Life insurance policy (John is the insured) with daughter the beneficiary ....... 600,000
Presuming the brother, spouse, and daughter survive John, how much is included in John's probate estate?
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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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