1. The camp of former President Keitel refuses to pay estate tax worth P24 billion pesos (now P200 billion) because the properties are subject to numerous pending court cases questioning the late President Keitel's ownership or interests in several properties which make the total value of his gross estate, and the consequent estate tax due, incapable of exact pecuniary determination at this time. Thus, BIR's assessment of the estate tax is premature. Should these properties be included in the gross estate of President Keitel? 2. Days before Mr. Ben died, he instructed his friend, TD, to sell his Kalanggaman mansion worth P500,000,000 to Mr. Hahn, who happens to be his dearest friend. The selling price was estimated to be at around P10,000,000. The ownership was transferred to Mr. Hahn 3 days before Mr. Ben's death. During the settlement of the estate of Mr. Ben, the BIR learned of the sale of the mansion and proceeded to include the same in the decedent's gross estate for purposes of computing his estate tax. The estate administrator, Mr. TD, refuses to include the mansion as part of the gross estate alleging that the same was no longer owned by the decedent, neither does the decedent retain any interest thereon, upon his death. Nevertheless, the Bureau still proceeded with the inclusion on the basis of the advice of their legal counsel. Should the mansion be included as part of the gross estate of Mr. Ben? 3. Experts estimate that Meldy's jewelry collection is worth billions of pesos. Estimating the real value of the jewels is extremely difficult for various of variables. The prices of a piece of jewel depends on many factors like rarity and historical significance. Assuming that Meldy is married under the Absolute Community of Property Regime, how should the jewelry be classified for estate tax purposes? 4. Will took out a 20M life insurance policy with Rock Life Insurance Co. He designated his only child as the sole beneficiary of the proceeds. Upon Will's death, his administrator is contemplating of excluding proceeds from the computation of his gross estate to minimize the estate tax liability of the decedent. The BIR, on the other hand, is insisting that the 20M should be included as part of the gross estate and the estate tax be imposed thereon. What is the proper tax treatment of the incurnna nrnrnadc