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In Each of the Following Independent Situations, Describe the Effect

Question 89

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In each of the following independent situations, describe the effect of the disclaimer procedure on Ron's taxable estate. In this regard, advise as to how much should be disclaimed, by whom, and whether a disclaimer should be made. All events occur in 2019.
a. Ron's will leaves $12,000,000 to his adult son Phil and the remainder $900,000) to Rita Ron's surviving wife).
b. Ron's will leaves $12,000,000 to Rita Ron's surviving wife) and the remainder $2,000,000) to his adult daughter Phyllis.

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a. The son might consider disclaiming $6...

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