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A married couple John and Karen living in Texas in community property state. Upon Johns death he has a 401K plan valued at $340,000. His
A married couple John and Karen living in Texas in community property state. Upon Johns death he has a 401K plan valued at $340,000. His wife Karen has her company 401K plan valued at $380,000.
And the following assets:
1.John's company 401(k) valued at $340,000 naming Karen as the primary beneficiary.
Karen's company 401(k) valued at $380,000 naming John as the primary beneficiary
What is FMV value of each at death?
What FMV of John's interest for each?
Value included in Probate Estate for each
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