In 2018, A, designated B as beneficiary for 1M insurance proceeds. Not expressly stated whether revocable or not. A did not change the beneficiary and does not expressly state whether the designation is revocable or not during his lifetime (until Jan 1, 2019). On Jan 1, 2019, A died. What is the gross estate?

Answer rating: 100% (QA)

The gross estate of an individual typically includes all of their property and assets at ... View the full answer