Reference no: EM132872020
Question - The decedent was married at the time of death.
Property owned exclusively - P5,900,000
Property owned jointly, including family home of P2,700,000 - P3,800,000
Ordinary deductions against exclusive property - 500,000
Ordinary deductions against jointly property - P1,100,000
Required -
1: How much is the Net Taxable Estate?
2: How much is the Estate Tax?
3: How much is the net distributable estate?
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: The decedent was married at the time of death. Property owned exclusively - P5,900,000. How much is the net distributable estate
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