Barry and his wife mary have accumulated over 35 million, Finance Basics

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Barry and his wife mary have accumulated over 35 million

Question: 1. Barry and his wife Mary have accumulated over $3.5 million during their 50 years of marriage. They have three children and five grandchildren

What is the total amount of estate removed from Barry and Mary's estate in 2014?

2. The date of death for a widow was 2014. If the estate was valued at $7.5 million and the estate was taxed at 40 percent, what was the heir's tax liability?

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Finance Basics: Barry and his wife mary have accumulated over 35 million

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Finance Basics: Barry and his wife mary have accumulated over 35 million

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