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Calculate the total conjugal properties of Ortega and Vicky

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Question - Ortega, married to Vicky, died with the following data:

Conjugal properties with Vicky:

Earnings from salary of Ortega P200,000

Earnings from profession of Vicky 180,000

Luxury cars (common property of spouses) 3,000,000

Joint property with mistress Julia:

Business interest (share of Ortega 70%) 2,000,000

Income from business 500,000

Cash savings (contribution of each is unknown) 100,000

Required -

1. Calculate the gross estate of Ortega?

2. Calculate the total conjugal properties of Ortega and Vicky?

Reference no: EM132644899

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