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Zac Petersons estate reports the following information: Value of estate assets $ 2,440,000 Conveyed to spouse 1,070,000 Conveyed to children 237,000 Conveyed to trust fund
Zac Petersons estate reports the following information:
Value of estate assets $ 2,440,000 Conveyed to spouse 1,070,000 Conveyed to children 237,000 Conveyed to trust fund for benefit of cousin 535,000 Conveyed to charities 267,000 Funeral expenses 30,000 Administrative expenses 48,000 Debts 253,000
What is the taxable estate value?
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