Mary died on April 3, 2020. As of this date, Marys gross estate was valued at $16.5
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Mary died on April 3, 2020. As of this date, Mary’s gross estate was valued at $16.5 million. On October 3, Mary’s gross estate was valued at $15.8 million. The estate neither distributed nor sold any assets before October 3, 2020. Mary’s estate had no deductions or adjusted taxable gifts. What was Mary’s lowest possible estate tax liability?
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Related Book For 
Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts
ISBN: 9780135919460
34th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse
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