Tom Hruise was an entertainment executive who had a fatal accident on a film set. Tom's will directed his executor to distribute his cash and stock to his spouse, Kaffie, and the real estate to a church, The First Church of Methodology. The remainder of Tom's assets were to be placed in trust for three children. Tom's estate consisted of the following:

Assets:

$\backslash$table$[[$Personal assets,$$1,520,000$

cash and stock $$26,200,000$

intangible assets $($film rights$)$ $$82,500,000$

real estate $$17,200,000$

$=$$$127,420,000$

liabilities

mortgage $$5,400,000$

other liabilities $$6,300,000$

$=$$$11,700,000$