at his death dr heinz doofenshmirtz held various, Financial Accounting

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at his death dr heinz doofenshmirtz held various

At his death Dr. Heinz Doofenshmirtz held various patents for evil inventions. These patents were valued at $400,000 which paid royalties of $50,000 per year. Dr. Heinz Doofenshmirtz by may left these patents to a trust with his spouse Charlene Doofenshmirtz as the income beneficiary and remainder to Vanessa Doofenshmirtz. If feasible, the estate would like to make a Qualified terminal Interest Property election for the trust.

Evaluate the total gross estate?

Determine the total gross estate deductions?

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Financial Accounting: at his death dr heinz doofenshmirtz held various

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