I am not submitting this question to anyone. I am using it as a study question for my final. I got the question wrong on my mid-term, and when I searched it on your site, I noticed that we both thought the answer was D. However, that answer was marked incorrect on my mid-term. So I would like to know what I did wrong so I do not do it again on my final exam. The answer provided on this site to the question below was marked incorrect on my exam. Could you please provided me with the correct answer, and why? Thank you.

Which of the following are included in the gross estate:

A. Proceeds from a life insurance policy owned by the decedent insured that was assigned to an ILIT two years before death of the insured.

B. A secular trust where the only income beneficiary was the decedent's spouse.

C. Property where the decedent had a reversionary interest of less than 1% of the value.

Correct!

D. Gift taxes paid two years prior to the decedent's date of death for gifts made four years earlier.