At the time of her death on september 4, Alicia held the following assets: Alicis also held a lifetime income interest in a trust (fair market value of trust assets $4,750,000 ) created by her late spouse Bert. (The executor of Bert's estate had made a QTIP election.) In October, Alcia's estate received an interest payment of $18,600 ( $9,300 accrued before September 4) paid by Emerald and a cash dividend of $11,550 from Drab, The Drab dividend was declared on August 19 and was payable to date of record sharehoiders on September 3. Athough Mitch survives Alicia, she is the designated beneficiary of the insurance policy. The IRAs are distributed to Alicia's children. The amount included in Alicia's gross estate for these items is $ x Feedbock Tr Check My Wark Simply stated, the gross estate includes all property subject to the Federal estate tax. This depends on the provisions of the Internal Revenut Code as supplemented by IRS pronouncements and the judiclal interpretations of Federal courts