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At the time of his death, Michael owned a home with an FMV of $200,000 and a mortgage of $50,000. He also owned a cottage
At the time of his death, Michael owned a home with an FMV of $200,000 and a mortgage of $50,000. He also owned a cottage with an FMV of $75,000, on which there was no mortgage. His credit card debts totaled $3,000. For the purpose of calculating probate fees, what is the value of his estate?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
