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Deductions
Expenses, claims, etc.
amount allowed 1$258,944
Marital deduction
Available amount attributable to each item of U.S. property
passing to surviving spouse
Monte Vista 2$166,313
Calle Victoria 3163,125
Vernon 4197,743
Total $527,181
Less: Three-eighths share of
taxes, debts, and expenses
payable out of the residue (217,293)
Allowed marital deduction 309,888
TOTAL DEDUCTIONS ALLOWED 568,832
Taxable Estate
Gross estate in United States 1,075,243
Less: Deductions (568,832)
TAXABLE ESTATE 5506,412
1 This amount takes into account one-half of the unpaid
balance on the Monte Vista mortgage, or $324,973, reduced in
accordance with the ratio of U.S. to total gross estate value.
2 It appears that this amount was likely intended to equal
three-eighths of the value of decedent’s one-half interest in the
parcel ($442,500 x .375 = $165,938 (rounded)). The mathematical
discrepancy is not explained.
3 This amount equals three-eighths of the value of
decedent’s one-half interest in the parcel ($435,000 x .375 =
$163,125).
4 This amount equals the full gross estate value of
decedent’s interest in the parcel. It would appear that no five-
eighths reduction was applied because the property passed to the
surviving spouse pursuant to the joint tenancy form of ownership,
as opposed to under the residuary clause of decedent’s will.
5 The $1 discrepancy ($1,075,243 - $568,832 = $506,411) is
not explained and presumably results from rounding.
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