Heinz doofenshmirtz the trustee first national bank is, Ask an Expert

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Dr. Heinz transfers property to an irrevocable trust with 1/2 income interest to Dr. Heniz and 1/2 income interest to roger Doofenshmirtz. upon the death of Dr. Heinz Doofenshmirtz the trustee, First National Bank, is directed to distribute the remaining corpus to Vanessa Doofenshmirtz. At the time of his death, the trust had $720,000 of corpus.

What is the total Gross estate? What is the total gross deductions?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945746

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