Harold and Mary Are Married and Live in a Community-Property

question 123

Multiple Choice

Harold and Mary are married and live in a community-property state. During the marriage Harold bought a parcel of real estate for $100,000 in community funds and titled the property in his name alone. Mary died on January 30 ^th of this year and was survived by Harold, who did not remarry. The parcel of real property was worth $250,000 on January 30 ^th of this year but was only worth $220,000 at year-end. What amount, if any, is included in Mary's gross estate?

• A)$250,000.
• B)$220,000.
• C)$125,000.
• D)$110,000.
• E)zero-Mary had no ownership interest in the property at her death.

---

Definitions:

Binocular Vision

The ability to maintain visual focus on an object with both eyes, creating a single visual image.

Two-Dimensional Vision

The perception of visual information in only two dimensions (width and height), lacking depth, which is the third dimension; common in depictions like drawings or photographs.

Molecular Approach

A method of examining phenomena at the level of molecules to understand the structure, function, and properties of substances.

Tarsiers

Small, nocturnal primates known for their large eyes and ability to leap between trees; found in Southeast Asia.