David owns a $ 5 0 0 , 0 0 0 life insurance policy with his wife as the beneficiary From a tax standpoint, which of the following is NOT TRUE At David's death, the death benefit will not be subject to probate At David's death, the death benefit will be subject to income tax At David's death, the death benefit will not be subject to income tax At David's death, the death benefit will be included in his estate

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David owns a $ 5 0 0 , 0 0 0 life insurance policy with his wife as the beneficiary  From a tax standpoint, which of the following is NOT TRUE  At David's death, the death benefit will not be subject to probate At David's death, the death benefit will be subject to income tax At David's death, the death benefit will not be subject to income tax At David's death, the death benefit will be included in his estate

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David owns a $ 5 0 0 , 0 0 0 life insurance policy with his wife as the beneficiary. From a tax standpoint, which

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