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Business, 03.01.2020 01:31 borgesalfonso12

Gordon purchased real estate for $900,000 and listed title to the property as "gordon and fawn, joint tenants with right of survivorship." gordon predeceases fawn when the real estate is worth $2,900,000. gordon and fawn are brother and sister. what are the gift and estate tax consequences? if an amount is zero, enter "0".a. gordon made a gift when the real estate was purchased of $ to fawn. b. gordon's estate must include $ as to the property. c. how would the estate tax consequences change if it was fawn (not gordon) who died?

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