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Zac Petersons estate reports the following information: Value of estate assets $ 2,500,000 Conveyed to spouse 1,100,000 Conveyed to children 240,000 Conveyed to trust fund

Zac Petersons estate reports the following information:

Value of estate assets $ 2,500,000
Conveyed to spouse 1,100,000
Conveyed to children 240,000
Conveyed to trust fund for benefit of cousin 550,000
Conveyed to charities 270,000
Funeral expenses 33,000
Administrative expenses 51,000
Debts 256,000

What is the taxable estate value?

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