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Harold and Maude are married and live in a common-law state. Neither has made any taxable gifts and Maude owns (holds title to) all their
Harold and Maude are married and live in a common-law state. Neither has made any taxable gifts and Maude owns (holds title to) all their property. She dies with a taxable estate of $39 million and leaves it all to Harold. He dies several years later, leaving the entire $39 million to their three children.
Required: Calculate how much estate tax is due from Harolds estate.
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