registered in the name of his brother
Chapter17: Property Transactions: §1231 And Recapture Provisions
Section: Chapter Questions
Problem 45P
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Question
Mr. Nunag had the following properties with their respective far values in his possession at the date of his death.
| Agricultural land, held in trust | P200,000 |
| Car, registered in the name of his brother | 300,000 |
| Motorcycle | 80,000 |
| Residential Lot | 900,000 |
| Other personal properties | 70,000 |
Compute for gross estate
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