Marcus and Kane were married years ago and had one child, Bodie. Marcus and his longtime friend, Gibson died together in a car crash. When Marcus died, he and Kane owned the following property:

1. Home valued at $262,200 owned tenancy in common. Marcus contributed 50%.

2. Car 1 valued at $8,000 owned solely by Kane.

3. Car 2 valued at $13,000 owned as Joint Tenancy with Rights of Survivorship by Marcus and Kane.

4. Diamond necklace valued at $33,000 held solely by Kane.

5. Life Insurance Policy 1 on Kanes life, owned by Kane. The fair market value of the policy was $120,000 and the death benefit was $200,000. The beneficiary is Bodie.

6. Life Insurance Policy 2 on Marcus life, owned by Marcus. The fair market value of the policy was $76,000 and the death benefit was $850,000. The only beneficiary is Gibson.

7. IRA account valued at $1,800,000 owned by Marcus with Bodie as the beneficiary.

Unless otherwise stated, assume contributions were made by all parties for jointly owned property.

Asset	FMV at Date of Death	FMV of Marcus Interest	Amount to be included in Marcus probate estate
Home	$	$	$
Car 1	$	$	$
Car 2	$	$	$
Diamond Necklace	$	$	$
Life Insurance 1	$	$	$
Life Insurance 2	$	$	$
IRA	$	$	$
Total	$	$	$