In 2012, a Federal Estate Tax Return Must Be Filed

question 30

Multiple Choice

In 2012, a federal estate tax return must be filed if the gross estate is more than

• A) $1,500,000.
• B) $2,000,000.
• C) $3,000,000.
• D) $5,000,000.

---

Definitions:

Well-being

A state of being comfortable, healthy, or happy, reflecting the overall physical, mental, and emotional health of an individual.

Eudaemonic Approach

Refers to a concept of happiness based on fulfilling one's potential and leading a meaningful life.

Life Satisfaction

A measure of well-being and happiness, reflecting the extent to which individuals feel content with their lives as a whole.

Financial Security

The state of having stable income or other resources to support a standard of living now and in the foreseeable future.