At the time of Clint's death, part of his estate consists of the following.
∙ Roth IRA (value of $1,000,000) with Jennifer as the designated beneficiary.
∙ Land (worth $3,000,000) held in joint tenancy with Jennifer. Jennifer is Clint's wife and originally furnished the purchase price.
∙ Building (worth $3,000,000) held as equal tenants in common with Jennifer and Dana. Dana is
Clint's mother, and she originally purchased the property.
Under Clint's will, all of his property passes to his wife, Jennifer. How much marital deduction is Clint's estate allowed? Clint and Jennifer live in Tennessee.
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