Carlos passes away in 2013, bequeathing $10 million of his property to his wife, Sandra. Carlos also owned a $2 million life insurance policy on himself, with his kids, Juan and Roberto, as equal...

Carlos passes away in 2013, bequeathing $10 million of his property to his wife, Sandra. Carlos also owned a $2 million life insurance policy on himself, with his kids, Juan and Roberto, as equal beneficiaries. Will Carlos’s estate owe estate tax?