In 2001, Alejandro Buys an Annuity for $100,000 That Will

question 69

Multiple Choice

In 2001, Alejandro buys an annuity for $100,000 that will pay Alejandro an annual amount for life with survivor benefits to his wife. When Alejandro dies in the current year, a comparable contract would have cost $81,000. What amount is included in Alejandro's gross estate?

• A)$0
• B)$81,000
• C)$100,000
• D)$181,000

---

Definitions:

Birth Canal

The passageway consisting of the cervix and vagina through which a fetus is delivered during childbirth.

Cervix

Narrow part of uterus that connects to the vagina.

General Model

A general model is a broad conceptual framework or representation intended to explain complex processes or phenomena, often used as a foundational reference across various scientific disciplines.

Gene Expressed

The process by which the information encoded in a gene is used to direct the assembly of a specific protein molecule or to produce RNA molecules.