We did not find results for: At the time of her death on September 4, 2015, Alicia held the following assets. Fair Market Value Bonds of Emerald Tool Corporation $ 900,000 Stock in Drab Corporation 1,100,000 Insurance policy (face amount of $400,000) On the life, her father, Mitch 80,000* Traditional IRAs 300,000 Alicia was also the life tenant of a trust (fair market value of $2 million) created by Her late husband Bert. (The executor of Berts estate had made a QTIP election.) In October, Alicias estate received an interest payment of $11,500 ($6,000 accrued before September 4, 2015) paid by Emerald and a cash dividend of $9,000 from Drab. The Drab dividend was declared on August 19 and was payable to date of record shareholders on September 3, 205. Although Mitch survives Alicia, she is the designated beneficiary of policy. The IRAs are distributed to Alicias children. What amount is included in Alicias gross estate