Matthew owns an insurance policy (face amount of $1,650,000) on the life of Emily with Uma...
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Matthew owns an insurance policy (face amount of $1,650,000) on the life of Emily with Uma listed as the designated beneficiary. If Emily dies first and the $1,650,000 is paid to Uma, how much is included in the following gross estates? If an amount is zero, enter "0". a. Matthew's gross estate? b. Emily's gross estate? Matthew owns an insurance policy (face amount of $1,650,000) on the life of Emily with Uma listed as the designated beneficiary. If Emily dies first and the $1,650,000 is paid to Uma, how much is included in the following gross estates? If an amount is zero, enter "0". a. Matthew's gross estate? b. Emily's gross estate?
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