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Father owns a life insurance policy on his own life with a face value of $100,000. Two years before his death, Father sold the policy

Father owns a life insurance policy on his own life with a face value of $100,000. Two years before his death, Father sold the policy to Daughter for $5,000, half its fair market value. What amount, if any, of the life insurance benefits are includible in the Father's gross estate?

A none

B.$50, 000

  • C.$95,000
  • D. $100,000

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