2 Online teaching and learning source from Cargas eBook Printem 16 AND ACCOUNT Tax Drill - Tax Planning for Estates and Trusts The Abelinda Estate distributed some land, basis of $15,500 and fair market value of $18,000, to beneficiary Bartholomaus. The estate is subject to a 28% marginal income tax rate, and Bartholomaus is subject to a 32% marginal rate. What are the tax savings of the executor of the estate elects that the entity recognize the related realized gain? -2,500 X Fok Check My Word Several specific tax planning possibilities are available to help minimize the income tax effects on estates and trusts and their beneficiaries