Elsa and Ludvik Hansen have

$6.86.8

million of assets:

$2 comma 400 comma 0002,400,000

in Ludvik's name,

$2 comma 400 comma 0002,400,000

in Elsa's name, and

$22

million of jointly owned property. Their jointly owned property is titled using joint tenancy with right of survivorship. Elsa also co-owns a

$500 comma 000500,000

beach house with her sister as tenants in common.

a. What are the advantages or disadvantages of the Hansens' plan to rely on the unlimited marital deduction?

b. What could the Hansens do to reduce their expected estate tax liability prior to either spouse's death?

c. Who would receive Elsa's half share in the beach house if she were to die?