Suzanne and Steve have $2,200,000 of assets in 2018: $600,000 in Steves name, $600,000 in Suzannes, and $1,000,000 of jointly owned property. Their joint property is titled using joint tenancy with right of survivorship. Suzanne also co-owns a $400,000 beach house with her sister Emily as tenants in common. Calculations: 1. What is the maximum of 2018 estate value transferred by the Smiths at death free? 2. What do the Smiths need to do to reduce their expected tax liability? 3. Who would receive Suzannes half-share in the beach house is she were to die?