At his death Trevor had a probate estate consisting of $4 million of property. Which of the following is a True statement about Trevor's estate or estate tax?
A) Trevor must have a taxable estate of at least $4 million.
B) Trevor must have an adjusted gross estate of at least $4 million.
C) Trevor must have an estate tax base (cumulative taxable transfers) of at least $4 million.
D) Trevor must have a gross estate of at least $4 million.
E) None of the choices are necessarily True.
Correct Answer:
Verified
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