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Problem

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Textbook Expert
Textbook ExpertVerified Tutor
16 Nov 2021

Given information

  • Given : Table is

  • To Determine : What would be the probate fees and taxes for an estate that does not have any assets.

Step-by-step explanation

Step 1.
The estimated cost of probate fees and taxes for an estate with no assets (meaning that the net taxable estate is zero dollars) is calculated below:
 

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