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Which of the following incidents of ownership, held during the three year period before death, will cause inclusion of life insurance proceeds in the gross
Which of the following incidents of ownership, held during the three year period before death, will cause inclusion of life insurance proceeds in the gross estate?
The right to borrow against the policy.
The right to cancel the policy.
The right to change the beneficiary.
Any of these incidents of ownership would be enough to bring the proceeds into the gross estate.
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