What is her gift-adjusted taxable estate value

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Reference no: EM131197617

Morgan, a widow, recently passed away. The value of her assets at the time of death was $8,600,000. The cost of funeral was $18,000, whil estate administrative costs totaled $52,000. As stipulated in her will, she left $1,000,000 to charities. A determine value of gross estate. B calculate value of taxable estate. C what is her gift-adjusted taxable estate value. D assuming she died in 2014 how much of her estate would be subject to tax. E calculate the estate tax liability.

Reference no: EM131197617

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What is her gift-adjusted taxable estate value : Morgan, a widow, recently passed away. The value of her assets at the time of death was $8,600,000. The cost of funeral was $18,000, whil estate administrative costs totaled $52,000. As stipulated in her will, she left $1,000,000 to charities. what i..

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