14. Andreas estate consists of assets worth $50 million. Andrea is single and has made no gifts during his lifetime.

a) If Andrea left all the assets to the Diabetes Fund, a 501(c)(3) registered charity, will Andreas estate have to pay any estate tax and if so, will it be on the whole $50 million? If there is no tax, why not?

b) Suppose Andrea was married and he leaves everything to his spouse Albina. Would there be any estate tax to pay, and if yes how much of the estate would be subject to the tax?

c) Suppose instead that Andrea leaves his entire $50 million in trust to pay the income to his wife for her life and upon her death the assets in the trust go to the Diabetes fund. Assume the executor of the estate makes no elections on the estate tax return. Would the estate have to pay any estate tax? Assume the value of the spouses life estate is $20 million