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Please, write two paragraph on the following questions: How does the gross estate differ from a probate estate? What determines whether an item passes to
Please, write two paragraph on the following questions:
How does the gross estate differ from a probate estate? What determines whether an item passes to heirs outside the probate process? Are there items subject to estate tax that are not subject to income tax? Why or why not? Is a probate estate subject to income tax? Explain your answer.
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