Unformatted text preview: you may not do so on the final exam. Using Excel or other spreadsheet software is okay. 1. What assets are included in Ken's gross estate? List the assets and show their value for estate tax purposes. 2. If Ken were to die tomorrow, how much estate tax would be owed to the federal government? Please show your calculations. 3. What assets are included in Holly's gross estate? 4. If Ken were to predecease Holly and she were to subsequently die without doing any further estate planning, how much estate tax would be owed the federal government at Holly's death? Please show your calculations....
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- Taxation in the United States, commercial tax preparation, Estate Planning Fall