25. The following assets are included in the GROSS ESTATE of a deceased individua A. Stocks and bonds B. Real Estate C. Income Tax Free Municipal Bonds D Pension plan assets E. All of the above 26. The FEDERAL ESTATE TAX is. A. A tax based on the cumulative income taxes you paid during your lifetime. B. A tax based on net worth at time of death C. A "sin" tax imposed on people who lead a sinful life. D. An annual tax based only on the value of your real estate. E. A tax based on which state you live in at the time of your death. 27. The FEDERAL GIFT TAX is. A. A tax based on the income tax you paid during the current year. B. A tax based on gratuitous transfers made out of love and affection. C. A "sin" tax imposed on people who do not say thank you for gifts received D. Payable by the recipient of the gift. E. Deductible for Federal income Tax purposes on Schedule A