The following were properties transferred by the decedent during his lifetime: In contemplation of death: Fair...

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The following were properties transferred by the decedent during his lifetime: In contemplation of death: Fair market value of property when transferred on Business Taxes and T P 600,000 Fair market value at the time of death Consideration received Revocable transfer (1): Fair market value of property when transferred Fair market value at the time of death Consideration received Revocable transfer (2): Fair market value of property when transferred Fair market value at the time of death Consideration received Revocable transfer (3): Fair market value of property when transferred Fair market value at the time of death Consideration received Transfer under limited power of appointment: Fair market value of property when transferred Fair market value at the time of death Consideration received 1,500,000 200,000 How much will be in the gross estate from these properties? P 600,000 1,500,000 400,000 P1,500,000 800,000 900,000 Transfer under general power of appointment: Fair market value of property when transferred P 500,000 Fair market value at the time of death 800,000 Consideration received 300,000 P1,600,000 1,500,000 donation 600,000 800,000 200.000 The following were properties transferred by the decedent during his lifetime: In contemplation of death: Fair market value of property when transferred on Business Taxes and T P 600,000 Fair market value at the time of death Consideration received Revocable transfer (1): Fair market value of property when transferred Fair market value at the time of death Consideration received Revocable transfer (2): Fair market value of property when transferred Fair market value at the time of death Consideration received Revocable transfer (3): Fair market value of property when transferred Fair market value at the time of death Consideration received Transfer under limited power of appointment: Fair market value of property when transferred Fair market value at the time of death Consideration received 1,500,000 200,000 How much will be in the gross estate from these properties? P 600,000 1,500,000 400,000 P1,500,000 800,000 900,000 Transfer under general power of appointment: Fair market value of property when transferred P 500,000 Fair market value at the time of death 800,000 Consideration received 300,000 P1,600,000 1,500,000 donation 600,000 800,000 200.000

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transferred by the decedent during their lifetime in contemplation of death Revocable Transfer 1 Fai... View the full answer