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Mary and her husband, Steve, live in a community property state. They have been married for five years. Two years ago, Steve purchased a $
Mary and her husband, Steve, live in a community property state. They have been married for five years. Two years ago, Steve purchased a $ million life insurance policy on himself and named his three children from his prior marriage as beneficiaries. Upon Steves death, how much of the death benefit will Mary be entitled to receive, if any?
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