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Jack and Diane are both 65 years old and are married US citizens Jack has assets of $13,000,000 and Diane has assets of $2,000,000 for

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Jack and Diane are both 65 years old and are married US citizens Jack has assets of $13,000,000 and Diane has assets of $2,000,000 for a total combined net worth of $15,000,000 Jack dies in 2023 (age 65) and Diane dies in 2053 (age 95). Assume Jack prepaid his funeral expense (so 50 at his death) and Diane's funeral and admin will cost 550,000 . Neither has ever made any taxable gifts, they have no debts, neither is planning to give anything to charity, and Diane will not remarry Assume all assots increase in value by 7% per year (Diane lives off pensions and Social Security after Jack passes) No change to estate taxes or lifetime exemption Scenario A A. Jack leaves everything to Diane and makes full use of Marital deduction. Diane elects DSUE (deceased spouses unused exclusion) Bcenario B B. Jack's will creates a credit sholter trust at his death to make full use of his exemption. The romaining eatate given directly to Diane Jack and Diane are both 65 years old and are married US citizens Jack has assets of $13,000,000 and Diane has assets of $2,000,000 for a total combined net worth of $15,000,000 Jack dies in 2023 (age 65) and Diane dies in 2053 (age 95). Assume Jack prepaid his funeral expense (so 50 at his death) and Diane's funeral and admin will cost 550,000 . Neither has ever made any taxable gifts, they have no debts, neither is planning to give anything to charity, and Diane will not remarry Assume all assots increase in value by 7% per year (Diane lives off pensions and Social Security after Jack passes) No change to estate taxes or lifetime exemption Scenario A A. Jack leaves everything to Diane and makes full use of Marital deduction. Diane elects DSUE (deceased spouses unused exclusion) Bcenario B B. Jack's will creates a credit sholter trust at his death to make full use of his exemption. The romaining eatate given directly to Diane

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