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