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How much is the estate tax due

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Problem - Lito, a resident citizen, died leaving a total gross estate as shown below, including the conjugal family home of 2,500,000.

Total conjugal real properties 4,500,000

Total exclusive properties 2,000,000

Business net worth based on interim Financial Statements at the time of death 15,000,000

Proceeds of life insurance 1,000,000

Gross Estate 22,500,000

Required - How much is the ESTATE TAX DUE?

Reference no: EM132864292

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