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Author Question: What is a proceeding that takes place early in a civil case in which the disputing parties meet with ... (Read 69 times)

segrsyd

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on: Aug 3, 2018
What is a proceeding that takes place early in a civil case in which the disputing parties meet with a neutral person who evaluates the case in an attempt to settle the dispute?
 
  a. Summary trial
  b. Arbitration
  c. Mini-trial
  d. Early neutral evaluation

Question 2

Homer Smith died in 2013 . His estate consisted of a house worth 550,000, a brokerage account with a date-of-death value of 3.5 million, a bank account containing 55,000, and a truck worth 15,000 . Will his personal representative be required to file Form 706?
 
  What will be an ideal response?


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vickyvicksss

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Reply #1 on: Aug 3, 2018
Answer to Question 1

d

Answer to Question 2

The gross estate is valued at 4,120,000 . The exclusion amount in 2013 was 5 million. The value of the gross estate is below the exclusion amount so the personal representative will not be required to file Form 706.


segrsyd

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Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

brbarasa

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Reply 3 on: Yesterday
Excellent

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