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a . Timberland worth $ 1 , 7 2 0 , 0 0 0 owned by Tavon, Marge, and Amber ( Marge ' s sister

a. Timberland worth $1,720,000 owned by Tavon, Marge, and Amber (Marge's sister) as
equal tenants in common. Amber furnished the original purchase price.
b. Residence of Tavon and Marge worth $600,000, owned by them as tenants by the entirety
with right of survivorship. Tavon provided the original purchase price.
c. Insurance policy on Tavon's life (maturity value of $1,500,000), owned by Marge and
payable to her as the beneficiary.
d. Insurance policy on Tavon's life (maturity value of $325,000), owned by Tavon with Marge
as the designated beneficiary.
e. Lump-sum distribution from a qualified pension plan of $1,830,000(Tavon had contributed
$549,000 to his account), with Marge as the beneficiary.
Marital Deduction
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