What is the value of assets that will be included in jason

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At the time of his death Jason had the following assets:

  • Home owned jointly with rights of survivorship with his wife Sally, valued at $500,000.
  • Stock account in his individual name, valued at $250,000.
  • Life estate received from his mother, Judy, in a family vacation home. The home is worth $1,000,000. Jason's sister Toby is the remainder beneficiary.
  • IRA worth $750,000. His wife Sally is the primary beneficiary.

What is the value of assets that will be included in Jason's gross estate?

Reference no: EM132467230

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