3. True or False: Jesse gave his mom property valued at $100,000 six months before her death. Jesses adjusted basis in the property was $45,000. Jesse was the sole heir of his mothers estate, and the same property was distributed from his mothers estate to him. At his moms date of death, the property had a fair market of $105,000. Jesses adjusted basis in this property is $100,000.

4. True or False: The unlimited marital deduction is a deduction from a decedents adjusted gross estate to arrive at the decedents taxable estate. The unlimited marital deduction is limited to the value of the assets included in the decedents gross estate which are transferred to the decedents surviving spouse.