Problem 3: Dorado and Maya are the children of Jess and Sabel. In November 2000 Sabel...
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Problem 3: Dorado and Maya are the children of Jess and Sabel. In November 2000 Sabel died intestate leaving P2,000,000 estate before P1,000,000 deductions and P15,000 estate tax. How would the estate be distributed among the heirs? How would the estate be distributed among the heirs? Using the same data above, and supposing that one year after the death of Sabel, Jess is planning to write a will to ensure orderly distribution of his properties upon his death. How much will be the value of property which Jess could assign freely to other party other than Dorado and Maya under assumption that the properties have the same value as at date of death of Sabel? Problem 3: Dorado and Maya are the children of Jess and Sabel. In November 2000 Sabel died intestate leaving P2,000,000 estate before P1,000,000 deductions and P15,000 estate tax. How would the estate be distributed among the heirs? How would the estate be distributed among the heirs? Using the same data above, and supposing that one year after the death of Sabel, Jess is planning to write a will to ensure orderly distribution of his properties upon his death. How much will be the value of property which Jess could assign freely to other party other than Dorado and Maya under assumption that the properties have the same value as at date of death of Sabel?
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ANSWER Distribution of Sabels Estate among Heirs Sabels estate before deductions was P2000000 Aft... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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