Form 4768 ND 2020-2025

Form 4768 ND: What You Should Know

The executor's estimate of the reasonable value of the assets was based upon the best appraisals and information available at the time of the estate disposition. The estate is not liable for tax under Section 911 of the Internal Revenue Code, Section 2053 of the Internal Provisions of the Personal Income Tax Code, or Chapter 1234 of the Nevada Revised Statutes. The Will was executed by both the Decedent and the testator, and the Decedent was the sole testator and sole beneficiaries of the Will. The Decedent's estate included the following assets (a) real and personal property held by the Decedent upon his death and (b) other property held and the interests in, and proceeds of sales of, the real. The real property consisted of one-half of the following: (1) the Real Property (2) Lot 6 of the Estate, comprising the Land on which the property sits, the Land itself, the Buildings in the Area of the Property, the Property, and the Improvements thereto which are situated upon the Land and in the Lots situated thereon. (3) the Improvements to the Land and the Lots comprising the Land on which the property sits, comprising and other additions to the property at the time the execution was executed. Upon the execution of the estate, the Decedent agreed to convey to the beneficiaries of the Will (the Will “) and to the Trustees of the Beneficial Outstanding Trust which is a trustee or an executor of the Will, the Property located in Lot 6. The Will was executed and the execution was recorded by the Decedent, the Beneficial Outstanding Trust, and the Trustees of the Beneficial Outstanding Trust. The Will was witnessed and tested by the Decedent upon his death and was executed and recorded. The Beneficial Outstanding Trust is a trust created by the Will and its beneficiaries. The Trust holds an interest in the property set forth in the Will, and any improvements thereon or any assets or proceeds thereof.

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