Zac Peterson’s estate reports the following information:Value of estate assets . . . . . . . . . . . . . . . . . . . . . . . . . . $2,300,000Conveyed to spouse . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000Conveyed to children . . . . . . . . . . . . . . . . . . . . . . . . . . 230,000Conveyed to trust fund for benefit of cousin . . . . . . . . . 500,000Conveyed to charities . . . . . . . . . . . . . . . . . . . . . . . . . . 260,000Funeral expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,000Administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . 41,000Debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 246,000What is the taxable estate value?View Solution:
Zac Peterson s estate reports the following information Value of estate



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