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The trust was funded before decedent's death with real
property and stocks and bonds. On the date of death, the
assets owned by the trust were valued at $1,711,294.
On the date of the decedent's death, the decedent's
gross estate totaled $3,057,009 and consisted of the
following assets:
Asset Value
Real estate $148,500
Stocks and bonds 2,149,394
Mortgages, notes and cash 200,943
Ins. on the decedent's life 25,720
Jointly owned property 519,141
Other misc. property 13,311
Total 3,057,009
The decedent's nonprobate estate property, that is, the
property passing outside of the will, consisted of the
following:
Asset Value
Revocable living trust property $1,711,294
Jointly owned property 519,141
Ins. on the decedent's life 25,720
Total 2,256,155
The decedent's probate estate consisted of the following
property:
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Last modified: May 25, 2011