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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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The Curriculum Management Audit
Authors: Larry E. Frase, Fenwick W. English, William K. Poston
1st Edition
0810839318, 9780810839311
