American College Exam HS330 Topic 1 Question 40 Discussion

Actual exam question for American College's HS330 exam

Question #: 40
Topic #: 1

Which of the following items of property will be included in a decedent's gross estate for federal estate tax purposes?

l. The value of property subject to a general power of appointment that the decedent possessed at death

II. The value of all gratuitous lifetime transfers of property made within 3 years of death

Al only

BII only

CBoth l and ll

DNeither l nor ll

Show Suggested Answer

Suggested Answer: A

by Britt at May 04, 2022, 03:14 AM

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