LO.6 Assume the same facts as in Problem 45 with the following modifications. Mitch is killed

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LO.6 Assume the same facts as in Problem 45 with the following modifications.

• Mitch is killed by a rock slide while mountain climbing in November 2012, and the insurer pays Alicia’s estate $400,000.

• Bert’s executor did not make a QTIP election.

• Alicia’s IRAs were the Roth type (not traditional).

What is the amount included in Alicia’s gross estate?

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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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