The Stratford Estate incurs a $25,000 legal fee in disposing of the real property of the decedent. The executor can decide to claim a $5,000 deduction against the Federal estate tax, and a $20,000 deduction on the estate's income tax return.

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The estate can claim a $5,000 deduction against the Federal estate tax, as well as a $20,000 deduction on the estate's income tax return, for the $25,000 legal fee incurred in disposing of the real property.

The Stratford Estate Incurs a $25,000 Legal Fee in Disposing