LO.1 Assume the same facts as in Problem 35. Dale dies four year later when the trust
Question:
LO.1 Assume the same facts as in Problem 35.
Dale dies four year later when the trust is worth $6.7 million. Nicole is 37, and the applicable interest rate is 4.8%.
a. How much as to the trust is included in Dale’s gross estate?
b. Does the answer change in part
(a) if Nicole is Dale’s wife? (Refer to Chapter 18, if necessary.)
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Related Book For 
South Western Federal Taxation 2013 Corporations Partnerships Estates And Trusts
ISBN: 9781133495574
36th Edition
Authors: William H. Hoffman, William A. Raabe, James E. Smith, David M. Maloney
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