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Sophia Is Single and Owns the Following Property Sophia Owns the Real Property in Joint Tenancy with Daniel

Question 115

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Sophia is single and owns the following property:  Description  Value  Real estate property $4,500,000 Cash, stock, and bonds 2,800,000 Personal property 300,000\begin{array}{lr}{\text { Description }} & {\text { Value }} \\\text { Real estate property } & \$ 4,500,000 \\\text { Cash, stock, and bonds } & 2,800,000 \\\text { Personal property } & 300,000\end{array} Sophia owns the real property in joint tenancy with Daniel. They purchased the property several years ago for $1 million. Sophia was only able to provide $200,000 of the purchase price. If Sophia dies, what is the amount of her gross estate?

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