Your client, age 74, has an estate consisting of solely owned assets valued at $2.5 million. His will, drafted in 1982, leaves his entire estate to his wife. No contingent beneficiaries are named. He owns a tract of land worth $800,000 in an out-of-state resort area that he would like for his children to receive. Which of the following are serious estate planning pitfalls that can be avoided if your client amends his will to carry out his objectives? I. having the estate undergo an ancillary probate procedure II. having the estate pay any estate tax III. having part of the estate pass to unintended beneficiaries IV. having the estate forfeit the available unifiled credit I and II only I and IV only II and III only III and IV only