Matthew owns an insurance policy (face amount of $500,000) on the life of Emily, with Uma listed

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Matthew owns an insurance policy (face amount of $500,000) on the life of Emily, with Uma listed as the designated beneficiary. If Emily dies first and the $500,000 is paid to Uma, how much as to this policy is included in:

a. Matthew’s gross estate?

b. Emily’s gross estate?

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South-Western Federal Taxation 2018 Comprehensive

ISBN: 9781337386005

41st Edition

Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young

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Question Posted: Jun 01, 2020 06:51 AM

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Matthew owns an insurance policy (face amount of $500,000) on the life of Emily, with Uma listed

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South-Western Federal Taxation 2018 Comprehensive

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