By the terms of his will, K gave his wife the right to live in their home
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Question:
By the terms of his will, K gave his wife the right to live in their home until her death (a life estate interest). Ks daughter by a former marriage was to have the property upon Mrs. Ks death. Under these circumstances, which of the following statements is correct?
Group of answer choices
At the time of death, Mrs. K has a contingency interest in the property
The property will be excluded from Ks gross estate.
Mrs. Ks interest terminates at her death.
The property would be included in Mrs. Ks gross estate.
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