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Content AreaAssets that generate income in respect of a decedent (IRD): a. Are excluded from the gross estate. b. Do not generate gross income when

Content AreaAssets that generate income in respect of a decedent (IRD): a. Are excluded from the gross estate. b. Do not generate gross income when the income is collected. c. Both "Are excluded from the gross estate" and "Do not generate gross income when the income is collected" are correct. d. Neither "Are excluded from the gross estate" nor "Do not generate gross income when the income is collected" is correct

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