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QUESTION 42 Husband predeceased his wife. At the time of Husand's death he had the following debt: mortgage on personal
Posted: Thu May 19, 2022 2:41 pm
by answerhappygod
- Question 42 Husband Predeceased His Wife At The Time Of Husand S Death He Had The Following Debt Mortgage On Personal 1 (25.94 KiB) Viewed 86 times
QUESTION 42 Husband predeceased his wife. At the time of Husand's death he had the following debt: mortgage on personal residence (cp) - $450,000; car loan (cp) - $29,000; mortgage on vacation rental (sp-h) - $290,000; credit cards (cp) - $12,000; business loan (sp-h) - $540,000. What total amount of debt could be deducted from Husband's gross estate? a. $1,075,500 b. $1,341,500 C. $830,000 d. $1,321,000