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

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2. 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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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

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