Part I. The marital deduction is available in which of the following situations?

A. Complete and outright lifetime transfers (gifts) to the donor's spouse.

B. Property transferred outright to the surviving spouse upon the decedent's death if such property is includible in the decedent's gross estate.

C. Property transferred to a qualified terminable interest property (QTIP) trust.

D. All of the above.

Part II. Husband and wife lived in a community property state and acquired Ranch with community funds. When Husband died, Ranch had a fair market value of $400,000. Husband's will left all of his property to Wife. What is the maximum marital deduction which may be claimed for Ranch?

A. $200,000

B. $400,000

C. A marital deduction cannot be claimed because the Ranch was purchased with community funds.

D. A marital deduction cannot be claimed because the entire value of the ranch is not included in Husband's gross estate.