Doris purchased a cash value policy with a face amount of $500,000, naming her executor...
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Accounting
Doris purchased a cash value policy with a face amount of $500,000, naming her executor as the beneficiary. Doris paid the annual premiums of $750 for five years. a. At Doriss death what, if anything, is included in her gross estate? b. Same facts except that Doris names Ann as the beneficiary of the life insurance policy and Ann predeceases Doris. Doris has not named a
contingent beneficiary. c. Same as 1.b., except that Doris and Ann die as the result of the same car accident, and the order of deaths cannot be determined.
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