Fte Following Assets, Which Are Not Part of the Probate

question 33

Multiple Choice

fte following assets, which are not part of the probate estate, nevertheless are includible in the gross estate, except:

• A) Property transferred to a revocable trust by the decedent 17 years prior to death
• B) Property sold by the decedent two years prior to death for a private annuity of equal value
• C) Property transferred to decedent's wife for life, then to their son if the son survives his mother, to the extent of the reversion
• D) A life insurance policy transferred two and a half years ago on the decedent's life

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Definitions:

Bicarbonate

An alkaline compound with the formula HCO3-, involved in the buffering of pH levels in the blood and other bodily fluids.

Blood Culture

A laboratory test that checks for foreign invaders like bacteria or fungi in the blood.

Bicarbonate

An alkaline compound with buffering properties, helping to maintain pH balance in various body fluids.

Hereditary Spherocytosis

A genetic condition causing red blood cells to be spherical and fragile, leading to hemolytic anemia.