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Ava and her misfit husband, Frankie, are married and own Blackacre as tenants by the entirety. Ava purchased the property in 1971, four years before
Ava and her misfit husband, Frankie, are married and own Blackacre as tenants by the entirety. Ava purchased the property in 1971, four years before they married, for $750,000 and added Frank to the deed of title in 1978. Ava, aged 77, died from pneumonia on January 25, 2021, when the property was worth $9,000,000. How much of Blackacres value must Avas executor include in her gross estate?
a: $0
b: $9,000,000
c: $4,500,000
d: some other amount (your answer:_________________)
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