question archive Assume, for Questions 8 through 12 only, that Logan and Veronica got married on April 1, 2018
Assume, for Questions 8 through 12 only, that Logan and Veronica got married on April 1, 2018
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Assume, for Questions 8 through 12 only, that Logan and Veronica got married on April 1, 2018. They went straight from the wedding to Logan's lawyer's office to execute new wills. On the way home from executing a valid will leaving all assets to Veronica, Logan and Veronica were in a serious car accident. Logan was comatose for several days before dying. His unpaid medical expenses were $350,000. The day after Logan died; Veronica gave Logan's children and grandchildren each $22,000 then left for Vancouver to stay with her mother. Which of the following postmortem elections would be available to Logan's executor?
10.A split-gift election for gifts Veronica made to the Logan's children the day after Logan's death.
a. Yes, this election would be available.
b. No, this election would not be available.
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Yes, this election would be available.
The married filing jointly is still available for the current year. Even if the deceased couple did not live with the spouse during the year, they are considered legally married as the surviving spouse did not remarry during the current year. The status will not be available for subsequent years. The executor of the estate can sign the joint return on behalf of the deceased or the surviving spouse can sign but report "Filing as surviving spouse".
