Question: Indicate whether the following statements are True or False regarding Federal gift and estate taxes. a. Upon the death of an individual, the Federal estate

Indicate whether the following statements are "True" or "False" regarding Federal gift and estate taxes. a. Upon the death of an individual, the Federal estate tax is imposed on the entire estate. b. If the transferor is a resident or citizen of the United States, then the location of the property transferred is immaterial. c. The gift tax is accessed on and payable by the donee

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