Which of the following statements concerning the estate tax marital deduction ar

Question

Which of the following statements concerning the estate tax marital deduction are correct?

                    I      An outright bequest of property to a spouse who is not a U.S. citizen will not qualify for the marital deduction.

                    II     Only one-half of the value of the property held in joint tenancy WROS with a spouse at the time of the spouse’s death qualifies for the marital deduction.

                    III    If one-half of community property is bequeathed to a spouse, the estate receives a marital deduction equal to the full value of the community property.

                    IV    Property bequeathed to the decedent’s spouse and children in joint tenancy WROS will qualify for the marital deduction.

A) I and II only

B) II and III only

C) III and IV only

D) I, II and IV only

Provide a detailed explanation for your answer. Please only respond if you have an estate planning backgorund.

Explanation / Answer

Which of the following statements concerning the estate tax marital deduction ar

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