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If an Individual Owns a Life Insurance Policy, Upon Their

Question 36

Multiple Choice

If an individual owns a life insurance policy, upon their death their estate will be fully subject to tax if which of the following occurs:


A) The proceeds of that life insurance policy are payable either directly or indirectly to the individual's estate
B) If the insured, while still alive, held an ownership interest in the policy
C) Both A and B
D) Neither A nor B

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