Answer this question is based on the information from Scenario 2. Is it necessary to prepare Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return? Why or why not?

a)  Yes, because this will finalize the estate.

b)  No, because the estate value is more than $12,060,000.

c)  Yes, because the estate value is less than $12,060,000.

d)  No, because the estate value is less than $12,060,000.