EXHIBIT 25-1 Unified Transfer Tax Rates Tax Base Plus Equal to or Over Not Over Tentative Tax of Amount Over $ 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 ,000,000 0 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 1,000,000 0 1,800 3,800 8,200 13,000 18,200 23,800 38,800 70,800 155,800 248,300 345,800 18% 20 0 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 1,000,000 24 26 28 30 32 34 37 39 40 The applicable credit and exemption Is zero for estates that opted out of the estate tax In 2010 EXHIBIT 25-2 The Exemption Equivalent 1987-1997 2000-2001 2002-2003 2 2009-2010 2011 2012 2013 2014 2015 5 5 5 5 5 2016 5 2017 2018 11.180.000 The applicable credit and exemption is zero for taxpayers who opt out of the estate tax in 2010 Required information [The following information applies to the questions displayed below] n 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.) a. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made Gift tax due Unused exemption equivalent 0 Required information [The following information applies to the questions displayed below. In 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.) b. This year Casey made a taxable gift of $16.5 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made. Gift tax due Unused exemption equivalent Required information [The following information applies to the questions displayed below. In 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not milions of dollars. Leave no answer blank Enter zero if applicable.) c. This year Casey made a gift worth $16.5 million to Stephanie. Casey is married to Helen in a common law state, and the 201O gift was the only other taxable gift he or Helen has ever made. Casey and Helen elect to gift split. Casey's gift tax due Casey's unused exemption equivalent Helen's gift tax due Helen's unused exemption equivalent EXHIBIT 25-1 Unified Transfer Tax Rates Tax Base Plus Equal to or Over Not Over Tentative Tax of Amount Over $ 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 ,000,000 0 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 1,000,000 0 1,800 3,800 8,200 13,000 18,200 23,800 38,800 70,800 155,800 248,300 345,800 18% 20 0 10,000 20,000 40,000 60,000 80,000 100,000 150,000 250,000 500,000 750,000 1,000,000 24 26 28 30 32 34 37 39 40 The applicable credit and exemption Is zero for estates that opted out of the estate tax In 2010 EXHIBIT 25-2 The Exemption Equivalent 1987-1997 2000-2001 2002-2003 2 2009-2010 2011 2012 2013 2014 2015 5 5 5 5 5 2016 5 2017 2018 11.180.000 The applicable credit and exemption is zero for taxpayers who opt out of the estate tax in 2010 Required information [The following information applies to the questions displayed below] n 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.) a. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made Gift tax due Unused exemption equivalent 0 Required information [The following information applies to the questions displayed below. In 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.) b. This year Casey made a taxable gift of $16.5 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made. Gift tax due Unused exemption equivalent Required information [The following information applies to the questions displayed below. In 2010 Casey made a taxable gift of $6.5 million to both Stephanie and Linda (a total of $13.0 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not milions of dollars. Leave no answer blank Enter zero if applicable.) c. This year Casey made a gift worth $16.5 million to Stephanie. Casey is married to Helen in a common law state, and the 201O gift was the only other taxable gift he or Helen has ever made. Casey and Helen elect to gift split. Casey's gift tax due Casey's unused exemption equivalent Helen's gift tax due Helen's unused exemption equivalent