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Benjamin Wiley Is Married and Has Assets Totaling $7 Million

Question 31

Multiple Choice

Benjamin Wiley is married and has assets totaling $7 million.What type of will would most likely result in the lowest overall amount of federal estate taxes? Assume the exemption amount is $3 million.


A) Simple
B) Traditional marital share
C) Exemption trust
D) Stated dollar amount
E) Living

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