Problem 19-34 (LO 19-3) Zac Peterson's estate reports the following information: Value of estate assets Conveyed to spouse Conveyed to children Conveyed to trust fund for benefit of cousin Conveyed to charities Funeral expenses Administrative expenses Debts $ 2,520,000 1,110,000 241,000 555,000 271,000 34,000 52,000 257,000 What is the taxable estate value? Taxable estate Problem 19-34 (LO 19-3) Zac Peterson's estate reports the following information: Value of estate assets Conveyed to spouse Conveyed to children Conveyed to trust fund for benefit of cousin Conveyed to charities Funeral expenses Administrative expenses Debts $ 2,520,000 1,110,000 241,000 555,000 271,000 34,000 52,000 257,000 What is the taxable estate value? Taxable estate