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Topic: Deductions under Section 2053 Personal Representative's fees of $50,000 incurred in probating Decedent's estate in the current year. Assume Decedent made no taxable gifts
Topic: Deductions under Section 2053
Personal Representative's fees of $50,000 incurred in probating Decedent's estate in the current year. Assume Decedent made no taxable gifts and Decedent's taxable estate considering all deductions other than fees is $5,365,000. What would you advise Personal Representative to do?
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