Decedent died in 2015 with an estate valued at 9,000,000. Decedent had made no t
ID: 2544185 • Letter: D
Question
Decedent died in 2015 with an estate valued at 9,000,000. Decedent had made no taxable gifts in any years prior to his death. At the time of Decedent's death, his Widow owned property worth $2,500,000. Decedent had an AB Trust Estate Plan. Determine the amount at which each trust will be funded. Assume the surviving spouse's property will also be transferred to the A Trust. Q1 - The A Trust will be funded with? Pl choose from A-E below Q2 Trust B will be funded with? Pl choose from A-E below A. $5,430,000 B. None of the other answers is correct c.$6,070,000 D. $3,570,000 E. $1,1 500,000
Explanation / Answer
Since the trust will be funded with the estate of husband and his wife, the trust will be funded with option E $1,1500,000