At the time of his death Jason had the following assets:

Home owned jointly with rights of survivorship with his wife Sally, valued at 500,000

Stock account in his individual name, valued at 250,000

Life estate received from his mother, Judy, in a family vacation home. The home is worth 1,000,000. Jason's sister Toby is the remainder beneficiary.

IRA worth 750,000. His wife Sally is the primary beneficiary.

What is the value of assets that will be subject to probate at Jason's death?

Question 2

1. At the time of his death Jason had the following assets:
2. Home owned jointly with rights of survivorship with his wife Sally, valued at $500,000.
3. Stock account in his individual name, valued at $250,000.
4. Life estate received from his mother, Judy, in a family vacation home. The home is worth $1,000,000. Jason's sister Toby is the remainder beneficiary.
5. IRA worth $750,000. His wife Sally is the primary beneficiary.
7. Who will receive the family vacation home?
9. A. Judy
10. B. Sally
11. C. Toby
12. D. Whoever Jason named in his will.