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Amir and Charise have come to you for investment advice. They are really proud of the fact that they have recently completed their estate plan
Amir and Charise have come to you for investment advice. They are really proud of the fact that they have recently completed their estate plan with revocable trusts, wills, powers of attorney for property and healthcare and living wills. You review their accounts and titling using their statements. What is Amir's gross estate?
Asset
Checking Amir & Charise $ JTWROS
Savings Amir $ POD Amir's Mother
k Amir $ No beneficiary
k Charise $ Amir beneficiary
Investment Amir $ TOD Charise
Investment Charise Revocable Trust $ Revocable Trust
Whole Life Insurance Amir
Cash Value $
Death Benefit $
Amir owner, Beneficiary Charise
Term Life Insurance Charise
Death Benefit $
Charise owner, No beneficiary
Auto Amir
$
Amir's name
Auto Charise
$
Charise's name
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