Question
At D's death, the following items are being considered for inclusion in his estate: 1. A life insurance policy owned by D on B's life.
At D's death, the following items are being considered for inclusion in his estate:
1. A life insurance policy owned by D on B's life.
2. D's claim for physical injuries and pain and suffering resulting from an automobile accident which resulted in D's death. The accident was negligently caused by a third-party.
3. An installment sales obligation from the sale of property that D sold a few years ago.
4. Property which D would have received from his parent because D is named as primary beneficiary under the parent's will. Parent is still living.
Which items would be includible in D's estate?
A.1 only
B.1 and 3 only
C.4 only
D. 1,2, and 3
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