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a. What does the term incidents of ownership mean? How is this term relevant to the issue of estate tax? b. What value must be
a. What does the term "incidents of ownership" mean? How is this term relevant to the issue of estate tax? b. What value must be reported on the federal estate tax return with respect to any jointly held property? c. What information must be reported on the federal estate tax return with respect to transfers of property made during the decedent's lifetime? Are there any exceptions? d. What are some examples of miscellaneous property that must be reported on a federal estate tax return? e. What is an annuity and how is it valued for purposes of the federal estate tax return? When must it be included in the decedent's taxable estate
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