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At his death George had a probate estate consisting of $4 million of property. Which...

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Accounting

At his death George had a probate estate consisting of $4 million of property. Which of the following is a true statement about George's estate or estate tax?

George must have an adjusted gross estate of at least $4 million.

George must have a taxable estate of at least $4 million.

George must have a gross estate of at least $4 million.

George must have an estate tax base (cumulative taxable transfers) of at least $4 million.

None of the choices are necessarily true.

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