When Sam Cho died in 2012, he left an estate valued at $25,000,000. His trust directed distribution as follows: $400,000 in charitable deductions (\$75,000 to the local hospital plus $325,000 to his alma mater), and the remainder to his four adult children. Death-related costs were $9,500 for funeral expenses, and $150,000 in administrative expenses ( $70,000 paid to attomeys, $20,000 paid to accountants, and $50,000 paid to the trustee of his living trust. In addition, there were debts of $850,000. Exhibit 157 - Unified Credits and Applicable Exclusion Amounts for Estates and Gitts: Spurce: Internal Revenuet Service. Exhibit 15.7 - Unified Credits and Applicable Exclusion Amounts for Estates and Gitts: Sources Internal Revenue Code, Section 2001. \begin{tabular}{llll|l|l|} \hline Line & Name: Sam Cho & Date: 11/30/2012 \\ Amount \end{tabular}