Zac Peterson’sestate reports the following information:
Value of estate assets
$
2,360,000
Conveyed to spouse
1,030,000
Conveyed to children
233,000
Conveyed to trust fund for benefit of cousin
515,000
Conveyed to charities
263,000
Funeral expenses
26,000
Administrative expenses
44,000
Debts
249,000
What is thetaxable estate value?
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