The devisees named in the will of Ara Persian, Deceased, and the current fair value of the devisees' equity in the estate, follow:
The federal estate tax and state inheritance taxes attributable to the Estate of Ara Persian totaled $50,400. Assuming the will of Ara Persian, Deceased, is silent as to the apportionment of death taxes, compute the amount of death taxes to be allocated to each devisee.
a. Death taxes allocable to Sarah Persian $__________
b. Death taxes allocable to Jacob Persian $__________
c. Death taxes allocable to Katina Sirabian $__________
d. Death taxes allocable to Glendale Rest Home $__________
e. Death taxes allocable to Church of Armen $__________

Question

The devisees named in the will of Ara Persian, Deceased, and the current fair value of the devisees' equity in the estate, follow:
  The federal estate tax and state inheritance taxes attributable to the Estate of Ara Persian totaled $50,400. Assuming the will of Ara Persian, Deceased, is silent as to the apportionment of death taxes, compute the amount of death taxes to be allocated to each devisee.
a. Death taxes allocable to Sarah Persian $__________
b. Death taxes allocable to Jacob Persian $__________
c. Death taxes allocable to Katina Sirabian $__________
d. Death taxes allocable to Glendale Rest Home $__________
e. Death taxes allocable to Church of Armen $__________

Quizplus · Accepted Answer

The Answer of The devisees named in the will of Ara Persian, Deceased, and the current fair value of the devisees' equity in the estate, follow:
  The federal estate tax and state inheritance taxes attributable to the Estate of Ara Persian totaled $50,400. Assuming the will of Ara Persian, Deceased, is silent as to the apportionment of death taxes, compute the amount of death taxes to be allocated to each devisee.
a. Death taxes allocable to Sarah Persian $__________
b. Death taxes allocable to Jacob Persian $__________
c. Death taxes allocable to Katina Sirabian $__________
d. Death taxes allocable to Glendale Rest Home $__________
e. Death taxes allocable to Church of Armen $__________

The Devisees Named in the Will of Ara Persian, Deceased