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When Yarden died in March 2020, his gross estate was valued at $18.5 million. He owed debts totaling $450,000. Funeral and administration expenses were $15,000
When Yarden died in March 2020, his gross estate was valued at $18.5 million. He owed debts totaling $450,000. Funeral and administration expenses were $15,000 and $115,000, respectivel Yarden willed his church $200,000 and his spouse $2.1 million. The marginal estate tax rate exceeded his estate's marginal income tax rate. Requirement Calculate Yarden's taxable estate. (Enter all currency amounts in dollars, not millions.)
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