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Under a Graegin loan I. The estate borrows money to pay the estate tax obligation from a third-party lender II. The estate cannot deduct the
Under a Graegin loan
I. The estate borrows money to pay the estate tax obligation from a third-party lender
II. The estate cannot deduct the loan interest on the federal estate tax return
III. If the loan is deemed necessary to pay the estate's obligations, prepayment of the amount borrowed is allowed
Question 6 options:
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a) | II and III |
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b) | I and II |
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c) | I |
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d) | I and III |
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