For Federal Estate Tax Purposes, the Gross Estate Does Not

question 141

True/False

For Federal estate tax purposes, the gross estate does not include property that will pass to a surviving spouse.

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Definitions:

Biconditional

A logical statement in which both parts are mutually dependent: if one is true, the other must be true, and vice versa.

Self-Contradiction

A statement that inherently contradicts itself, asserting and denying the same thing, thereby being false in all situations.

Main Component

The primary or most important part of a system, device, or mechanism.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty, often depending on other conditions or events.