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Zac Petersons estate reports the following information: Value of estate assets $ 2,560,000 Conveyed to spouse 1,130,000 Conveyed to children 243,000 Conveyed to trust fund
Zac Petersons estate reports the following information:
Value of estate assets | $ | 2,560,000 | |
Conveyed to spouse | 1,130,000 | ||
Conveyed to children | 243,000 | ||
Conveyed to trust fund for benefit of cousin | 565,000 | ||
Conveyed to charities | 273,000 | ||
Funeral expenses | 36,000 | ||
Administrative expenses | 54,000 | ||
Debts | 259,000 | ||
What is the taxable estate value?
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