At her death Tricia had an adjusted gross estate consisting of $8 million of property.Which of the following is a true statement about Tricia's estate or estate tax?
A) Tricia must have a probate estate tax of zero.
B) Tricia must have a taxable estate over $8 million.
C) Tricia's taxable estate will not exceed $8 million.
D) Tricia must have a gross estate tax of zero.
E) None of the choices are necessarily true.
Correct Answer:
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