Why might real estate be omitted from an inventory of estate property? a. Real estate is subject

Question:

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Advanced Accounting

ISBN: 978-1259444951

13th edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni

Question Posted: