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Jack and Jill are married and have two children, John and Jane. Jack and Jill live in New Mexico. At the time of Jack s
Jack and Jill are married and have two children, John and Jane. Jack and Jill live in New Mexico. At the time of Jacks death, Jack and Jill had the following assets:
Joint bank account $
Stock account owned by Jack and Jill titled jointly as tenants in common $
Jacks IRA naming Jill as the beneficiary $
Jills IRA naming Jack as the beneficiary $
Primary residence owned jointly by Jack and Jill with right of survivorship $
Mutual fund account owned by Jacks revocable trust $
Vacation home Jack owned in Florida jointly with right of survivorship with Jacks brother $
Jane is named as Jacks executor. Which of the following is not a step that Jane will have to take with respect to settling Jacks estate?
Group of answer choices
A Valuation of the estate
B Providing notice to Jacks creditors
C Making Jacks funeral arrangements
D Distributing assets per Jacks will
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