jill died on november 5, 2018 soon after jill's death, the executor discovered the following insurance policies
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jill died on november 5, 2018 soon after jill\\\'s death, the executor discovered the following insurance policies on jill\\\'s life loading(click the icon to view the insurance policy data)
Policy Number | Owner | Beneficiary | Face Value |
123 | jill | jill husband | $400,000 |
757 | jill son | jill estate | 225,000 |
848 | jill son | jill son | 300,000 |
414 | jill daughter | jill husband | 175,000 |
jill transferred ownership of policies 730 and 852 to her son in 2009 she gave ownership of policy 419 to her daughter in 2016. Indicate the amount includible in Joy’s gross estate for each policy.
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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