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Roger, gifted his life insurance policy to an ILIT last year. He died this year and the ILIT received the $3,155,172 death benefit. His cost
Roger, gifted his life insurance policy to an ILIT last year. He died this year and the ILIT received the $3,155,172 death benefit. His cost basis in the policy is $55,000. How much, if anything, will be included in his gross estate for estate tax purposes
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