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Decedent died in 2015 with an estate valued at 20,000,000. Decedent had made (pre-2011) taxable gifts that totaled $3,500,000.
Decedent died in 2015 with an estate valued at 20,000,000. Decedent had made (pre-2011) taxable gifts that totaled $3,500,000. At the time of Decedent's death, his Widow owned property worth $4,000,000. Decedent had an ABC Trust Estate Plan. Determine the amount at which each trust will be funded.
1) The A Trust will be funded with - pl choose A-F below?
2) Trust B will be funded with - please choose from A-F below?
3) Trust C will be funded with - please choose from A-F below?
A. $4,430,000
B. $5,430,000
c. $19,750,000
D. $15,570,000
E. $14,570,000
F.None of the other answers is correct
G. $4,000,000