IA serviceAt the time of Clint$$s death, part of his estate consists of the following.

$$ Roth IRA $($value of $$1,000,000)$ with Jennifer as the designated beneficiary.

$$ Land $($worth $$3,000,000)$ held in joint tenancy with Jennifer. Jennifer is Clint$$s wife and originally furnished the purchase price.

$$ Building $($worth $$3,000,000)$ held as equal tenants in common with Jennifer and Dana. Dana is Clint$$s mother, and she originally purchased the property.

Under Clint$$s will, all of his property passes to his wife, Jennifer. How much marital deduction is Clint$$s estate allowed? Clint and Jennifer live in Tennessee.

ANSWER: $$3,500,000[$$$1,000,000+(50\%\backslash$times $$3,000,000)+(1/3\backslash$times $$3,000,000)].$