Question: Identify the statement(s) below that correctly characterize(s) property interests held by Marcel that, at death, pass by operation of law. I. If the property passes

Identify the statement(s) below that correctly characterize(s) property interests held by Marcel that, at death, pass by operation of law.

I. If the property passes according to the operation of law, the property avoids probate.

II. If the property passes according to the operation of law, it will not ve included in the decedent's gross estate.

III. Property that passes by operation of law cannot qualify for the marital deduction.

IV. The titling of the instrument determines who shall receive the property.

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