Why might real estate be omitted from an inventory of estate property? a. Real estate is subject
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Why might real estate be omitted from an inventory of estate property?
a. Real estate is subject to a separate inheritance tax.
b. State laws prohibit real property from being conveyed by an estate.
c. State laws require a separate listing of all real estate.
d. In some states, depending on the ownership, real estate is considered to be conveyed directly to a beneficiary at the time of death.
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Related Book For
Advanced Accounting
ISBN: 978-1259444951
13th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni
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