The Gross Estate Includes the Value of Half of Real

question 36

True/False

The gross estate includes the value of half of real property owned by a decedent and spouse in joint tenancy with the right of survivorship.

---

Definitions:

Bondholder's Risk

The risk that a bond issuer will default, resulting in the loss of both periodic interest payments and the principal investment to the bondholder.

Registered Bonds

Bonds that are recorded in the name of the holder on the issuing company's books, ensuring that only the registered holder receives interest payments.