Fatima made a gift of stock to Yousef 18 months ago. At the time of the gift, the stock was worth $75,000, and Fatima paid $16,900 of the gift tax on the transaction. At Fatima's death 4 months ago, the stock was worth $115,000. What amount is included in Fatima's estate and why?

Answer rating: 100% (QA)

The amount included in Fatimas estate is 75000 Heres the reasoning Gift Tax Payment The fact that ... View the full answer