Miguel and Jane have been married for 45 years. Miguel is on…
Miguel and Jane have been married for 45 years. Miguel is only a citizen of Mexico, where the couple has lived for the past 25 years. Given the following list of separate property owned by Jane in the U.S., and considering Jane’s will leaves everything to Miguel outright, what amount would qualify for the unlimited marital deduction? A home valued at $1,000,000. The contents of the home valued at $100,000. An investment account held at a bank valued at $500,000.