The decedent used his own funds in the amount of $80,000 to acquire stock naming himself and his daughter as joint tenants with right of survivor ship. When the father died, the stock was worth $100,000 for estate tax purposes, and he was survived by his daughter. What is included in decedent's gross estate?

Answer rating: 100% (QA)

In the given scenario the decedent used his own funds of 80000 to acquire stock and held it as joint tenants with right of survivorship with his daugh... View the full answer