tom hruise was an entertainment executive who had a fatal accident on a film set. tom's will directed his executor to distribute his cash and stock to his spouse, kaffie, and the real estate to a church, the first church of methodology. the remainder of tom's assets were to be placed in trust for three children. tom's estate consisted of the following: assets: personal assets $ 1,070,000 cash and stock 26,000,000 intangible assets (film rights) 81,500,000 real estate 17,000,000 $ 125,570,000 liabilities: mortgage $ 5,200,000 other liabilities 6,100,000 $ 11,300,000 problem 25-50 part a (algo) a. tom made a taxable gift of $7.10 million in 2011. compute the estate tax for tom's estate.